Multiple Choice
On December 1 of the current year, Prepaid Rent was debited $10,800 for three months of rent, to cover the period December 1 to February 28. The amount of the adjusting entry on December 31 is:
A) $0.
B) $3600.
C) $7200.
D) $10,800.
Correct Answer:
Verified
Correct Answer:
Verified
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