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On January 1, Power House Co. prepaid the annual rent of $14,000 Required: Prepare the journal entry to record this transaction on January 1. Refer

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On January 1, Power House Co. prepaid the annual rent of $14,000 Required: Prepare the journal entry to record this transaction on January 1. Refer to the Chart of Accounts for exact wording of account titles Prepare the journal entry to record this transaction on January 1. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 DATE

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