The Adjusting Entry to Record the Expired Rent Would Be

question 69

Multiple Choice

The adjusting entry to record the expired rent would be to:

• A) debit Prepaid Rent Expense; credit Cash.
• B) debit Cash; credit Prepaid Rent.
• C) debit Prepaid Rent; credit Cash.
• D) debit Rent Expense; credit Prepaid Rent.

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