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On October 25, 20X1, the company paid $33,600 rent in advance for the six-month period November 20X1 through April 20X2. On December 31. 20X1, the
On October 25, 20X1, the company
paid $33,600 rent in advance for the
six-month period November 20X1
through April 20X2. On December 31.
20X1, the adjustment for expired rent
would include:
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
0471347744, 978-0471347743
