The balance in the Prepaid Rent account before adjustment at the end of the year is , which represents three months' rent paid on December 1 . The adjusting entry required on December 31 is to
A) debit Rent Expense, ; credit Prepaid Rent, .
B) debit Rent Expense, ; credit Prepaid Rent .
C) debit Prepaid Rent, ; credit Rent Expense, .
D) debit Prepaid Rent ; credit Rent Expense, .
Correct Answer:
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