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Record the following adjusting journal entry as of December. Adjusting journal entries are only recorded at year-end for the company. In October, the company paid

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Record the following adjusting journal entry as of December. Adjusting journal entries are only recorded at year-end for the company. In October, the company paid $15,000 for November, December, and January rent. Record the adjusting journal entry for rent expired as of December 31. Complete the T-account to compute the balance in the Prepaid Rent account at December 31st. Paragraph V UA 40 GO + Date Account Name Debit Credit Record the following adjusting journal entry as of December. Adjusting journal entries are only recorded at year-end for the company. In October, the company paid $15,000 for November, December, and January rent. Record the adjusting journal entry for rent expired as of December 31. Complete the T-account to compute the balance in the Prepaid Rent account at December 31st. R Paragraph + KA B TUAJ oh What is the balance in the Prepaid Rent account at year-end? Prepaid Rent

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