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Question 126

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Use this information to answer the following question. The trial balance for Nowwick Company appears as follows:
Use this information to answer the following question. The trial balance for Nowwick Company appears as follows:   -If as of December 31,2014,the rent of $100 for December had not been recorded or paid,the adjusting entry would include a A) debit to Rent Expense for $100. B) debit to Rent Payable for $100. C) credit to Cash for $100. D) credit to Accumulated Rent for $100.
-If as of December 31,2014,the rent of $100 for December had not been recorded or paid,the adjusting entry would include a


A) debit to Rent Expense for $100.
B) debit to Rent Payable for $100.
C) credit to Cash for $100.
D) credit to Accumulated Rent for $100.

Correct Answer:

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