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Question 7 1 points Pandas Corporation paid cash of Rp12.000 on June 1, 2015 for one year's rent in advance and recorded the transaction with

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Question 7 1 points Pandas Corporation paid cash of Rp12.000 on June 1, 2015 for one year's rent in advance and recorded the transaction with a debit to Prepard Rent. The December 31, 2015 adjusting entry is debit Rent Expense and credit Prepaid Rent Rp7.000. debit Prepaid Rent and credit Cash Rp5,000 debit Prepaid Rent and credit Rent Expense, Rp5,000 debit Prepaid Rent and credit Rent Expense, Rp7.000 d

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