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SS Industries paid $100,000 in advance for six months of rent. Three months have past. Which journal entry best represents the adjusting entry? Group of
SS Industries paid $100,000 in advance for six months of rent. Three months have past. Which journal entry best represents the adjusting entry? Group of answer choices Dr. Rent Expense 100,000 Cr. Prepaid Rent 100,000 Dr. Rent Expense 50,000 Cr. Cash 50,000 Dr. Rent Expense 50,000 Cr. Prepaid Rent 50,000 Dr. Rent
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