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Business, 25.11.2021 15:30 haileebug5049

On January 1, the sleepy monk coffee shop paid 24,000 for a full year of rent beginning on January 1. The rent was appropriately recorded in the cash and prepaid rent accounts. If financial statements are prepared on January 31, the journal entry to record the adjustment would be

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On January 1, the sleepy monk coffee shop paid 24,000 for a full year of rent beginning on January 1...

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