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This is supposed to be for an adjusted entry The copier is rented from a company which requires six months rent in advance. The $700

This is supposed to be for an adjusted entry

"The copier is rented from a company which requires six months rent in advance. The $700 is was paid on march 1"

But in the chart of accounts, it has $720 for Prepaid Copier Rent, how do I do this entry?

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