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User On 1 0 / 0 1 / x 1 a company pays the rent of $ 6 6 0 for a storage unit to

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On 10/01/x1 a company pays the rent of $660 for a storage unit to house its equipment. The rent cover the period 10/1/x1 through 3/31/x2/. What will the entry on 10/01/x1 do to our net income? Does this increase, decrease, or have no effect on our income?

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