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Transaction 3 A one-year store rental lease was signed on March 1 for $1,200 per month, and rent for the first 4 months was paid

Transaction 3 A one-year store rental lease was signed on March 1 for $1,200 per month, and rent for the first 4 months was paid in advance. [Note: Record the complete entry for the March 1 transaction first and the complete adjusting entry on March 31 second.] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount:

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