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The Prepaid Rent account had a $ 5 , 8 0 0 debit balance at December 3 1 before adjusting for the costs of expired

The Prepaid Rent account had a $

5, 800

debit balance at December

31

before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $

4, 390

of prepaid rent had expired.

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