On July 1,Alpha Company Prepaid Rent for a Small Equipment $$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

question 9

Essay

On July 1,Alpha Company prepaid rent for a small equipment storage area.They paid $12,000 to rent the area for the period of July 1 through the end of the year.Please provide the journal entry needed on July 1 when the payment is made.
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

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Definitions:

Enormous Institution

A large and significant organization or establishment, often influential in its field or society at large.

Government Action

Measures or interventions undertaken by a government to address issues, implement policies, or affect societal conditions.

Liberty

is a fundamental principle referring to the freedom of individuals to act and express themselves freely, so long as they do not infringe on the rights of others.

Equality

The state of being equal, especially in status, rights, and opportunities.