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which is correct Which of the following does not correctly describe an adjusting journal entry that debits rent expense and credits prepaid rent? Multiple Choice
which is correct Which of the following does not correctly describe an adjusting journal entry that debits rent expense and credits prepaid rent? Multiple Choice The entry increases expenses and decreases current assets. The entry decreases net income and decreases liabilities. The entry decreases net income and decreases assets. The entry increases expenses and decreases stockholders' equity
which is correct
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