Which of the Following Does Not Correctly Describe the Following $\quad$

question 101

Multiple Choice

Which of the following does not correctly describe the following adjusting journal entry? Rent expense
$\quad$ Prepaid rent

• A) Total assets decrease.
• B) Retained earnings are not affected.
• C)Stockholders' equity decreases.
• D)Net income decreases.

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Definitions:

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A platform for users to create, share, or exchange information, ideas, pictures/videos in virtual communities and networks.

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