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When a Tenant Makes an End-Of-Period Adjusting Entry Credit to the "Prepaid

Question 83

Multiple Choice

When a tenant makes an end-of-period adjusting entry credit to the "Prepaid rent" account:


A) (S) he usually debits cash.
B) (S) he usually debits an expense account.
C) (S) he debits a liability account.
D) (S) he credits an owners' equity account.

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