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On November 25, 2013, the company paid $28,800 rent in advance for a six-month period (December 2013 through May 2014). On December 31, 2013, the

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On November 25, 2013, the company paid $28,800 rent in advance for a six-month period (December 2013 through May 2014). On December 31, 2013, the adjustment for expired rent would include Multiple Choice a $4.800 debit to Prepaid Rent a $4,800 credit to Rent Expense. a $28,800 debit to Rent Expense. a $4.800 credit to Prepaid Rent

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