Business, 27.10.2020 17:20 willveloz4

Swifty Corporation paid cash of $159000 on June 1, 2020 for one year’s rent in advance and recorded the transaction with a debit to Prepaid Rent. The December 31, 2020 adjusting entry is

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Swifty Corporation paid cash of $159000 on June 1, 2020 for one year’s rent in advance and recorded...