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Which of the following is the proper journal entry to record transaction (n): December 1: Prepaid December rent for $1,500? Answer Choice Debit Credit
Which of the following is the proper journal entry to record transaction (n): December 1: Prepaid December rent for $1,500? Answer Choice Debit Credit A Accounts Payable Rent Payable B C Prepaid Rent Rent Expense Rent Expense Cash D Prepaid Rent Cash A. Debit/Accounts Payable; Credit/Rent Payable. B. Debit/Prepaid Rent; Credit/Rent Expense. C. Debit/Rent Expense; Credit/Cash. D. Debit/Prepaid Rent; Credit/Cash.
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