The Entry to Record the Expiration of Part of the Prepaid

question 170

Multiple Choice

The entry to record the expiration of part of the prepaid rent will

• A) decrease total assets and increase total expenses at the end of the month.
• B) decrease total assets and decrease total expenses at the end of the month.
• C) increase total assets and increase total expenses at the end of the month.
• D) increase total assets and decrease total expenses at the end of the month.

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