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The Adjusting Entry for Rent Earned That Is Currently Recorded

Question 103

Multiple Choice

The adjusting entry for rent earned that is currently recorded in the unearned rent account is


A) debit Unearned Rent; credit Rent Revenue
B) debit Rent Revenue; credit Unearned Rent
C) debit Unearned Rent; credit Prepaid Rent
D) debit Rent Expense; credit Unearned Rent

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