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The Trial Balance for Greenway Corporation Appears as Follows

Question 279

Multiple Choice

The trial balance for Greenway Corporation appears as follows: The trial balance for Greenway Corporation appears as follows:   If as of December 31, 2014, rent of $120 for December had not been recorded or paid, the adjusting entry would include a: A)  credit to Accumulated Rent for $120. B)  credit to Cash for $120. C)  debit to Rent Payable for $120 D)  debit to Rent Expense for $120 If as of December 31, 2014, rent of $120 for December had not been recorded or paid, the adjusting entry would include a:


A) credit to Accumulated Rent for $120.
B) credit to Cash for $120.
C) debit to Rent Payable for $120
D) debit to Rent Expense for $120

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