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  2. Topic
    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 21: Accruals, Deferrals, and Reversing Entries
  5. Question
    The Adjusting Entry for Deferred Rent Income Results in a Debit
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The Adjusting Entry for Deferred Rent Income Results in a Debit

Question 8

Question 8

True/False

The adjusting entry for deferred rent income results in a debit to Rent Income.

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