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The Balance in the Prepaid Rent Account Before Adjustment at the End

Question 45

Multiple Choice

The balance in the Prepaid Rent account before adjustment at the end of the year is $12,000,which represents six months rent paid on November 1.The adjusting entry required on December 31 to show the amount of rent that had expired is:


A)
The balance in the Prepaid Rent account before adjustment at the end of the year is $12,000,which represents six months rent paid on November 1.The adjusting entry required on December 31 to show the amount of rent that had expired is: A) B) C) D)
B)
The balance in the Prepaid Rent account before adjustment at the end of the year is $12,000,which represents six months rent paid on November 1.The adjusting entry required on December 31 to show the amount of rent that had expired is: A) B) C) D)
C)
The balance in the Prepaid Rent account before adjustment at the end of the year is $12,000,which represents six months rent paid on November 1.The adjusting entry required on December 31 to show the amount of rent that had expired is: A) B) C) D)
D)
The balance in the Prepaid Rent account before adjustment at the end of the year is $12,000,which represents six months rent paid on November 1.The adjusting entry required on December 31 to show the amount of rent that had expired is: A) B) C) D)

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