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Question 3 (5 points) On October 25, 20X1, the company paid $31,800 rent in advance for the six-month period November 20X1 through April 20X2. On

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Question 3 (5 points) On October 25, 20X1, the company paid $31,800 rent in advance for the six-month period November 20X1 through April 20X2. On December 31, 20X1, the adjustment for expired rent would include: a $10,600 debit to Rent Expense. O a $31,800 credit to Cash. a $10,600 credit to Rent Expense. a $5,300 credit to Prepaid Rent

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