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    If a Business Pays Rent in Advance and Debits a Prepaid
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If a Business Pays Rent in Advance and Debits a Prepaid

Question 147

Question 147

Multiple Choice

If a business pays rent in advance and debits a Prepaid Rent account, the company receiving the rent payment will credit:


A) cash.
B) prepaid rent.
C) unearned rent revenue.
D) accrued rent revenue.

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