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The concert date was set for June 15th of the same year. Consequently, on May 1st the partner's decided to pay $20,000 cash for the

The concert date was set for June 15th of the same year. Consequently, on May 1st the partner's decided to pay $20,000 cash for the venue in advance (prepaid rent). Which of the following accounts should be used (select at least two)?

a

Cash

b

Building

c

Prepaid Rent

d

Rent Expense

e

Accounts payable

f

Rent Revenue

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