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    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 3: The Adjusting Process
  5. Question
    If an Adjusting Entry Includes a Debit to Rent Expense
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If an Adjusting Entry Includes a Debit to Rent Expense

Question 2

Question 2

Multiple Choice

If an adjusting entry includes a debit to Rent Expense, that would indicate that the payment of rent had been previously recorded as a(n) :


A) prepaid expense.
B) depreciation.
C) accrued expense.
D) accrued revenue.

Correct Answer:

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