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on September 1, 2016, hhgregg paid $3 million rent related to one of its retail store locations. This rental payment covered the subsequent 12-month period

on September 1, 2016, hhgregg paid $3 million rent related to one of its retail store locations. This rental payment covered the subsequent 12-month period (i.e., September 1, 2016 to August 31, 2017). On September 1, 2016 hhgregg made the following journal entry

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