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On November 1, 2024, the company paid its landlord $15,000 representing rent for the months of November through January. Prepaid Rent was debited for the
On November 1, 2024, the company paid its landlord $15,000 representing rent for the months of November through January. Prepaid Rent was debited for the entire amount. Record the adjusting entry for rent at its year-end of December 31
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