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Record the adjusting entry for the renting of spa space at the a cost of $520 per month. On September 1, 2021, Nicole paid

Record the adjusting entry for the renting of spa space at the a cost of $520 per month. On September 1, 2021, Nicole paid eight months' rent in advance using cash. This prepayment was recorded in the account Prepaid Rent back in Sentember.

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