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On March 1, Choco Corp. paid four months of rent in advance, total of $8,000. What is the correct adjusting entry (related to rent) on

On March 1, Choco Corp. paid four months of rent in advance, total of $8,000. What is the correct adjusting entry (related to rent) on March 31? (choose from following accounts: Prepaid rent, rent expense, cash, rent payable)

a. Debit $

b. Credit $

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