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On October 1, 2006, Five Brothers Company paid $72,000 cash for eight months rent. The amount of the adjusting entry on December 31, 2006, would
On October 1, 2006, Five Brothers Company paid $72,000 cash for eight months rent. The amount of the adjusting entry on December 31, 2006, would be:
a) $18,000 | ||
b) $24,000 | ||
c) $27,000 | ||
d) $36,000 |
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