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Accounting Question! (1 Viewer)

utsstudent12

New Member
Joined
Mar 29, 2015
Messages
11
Gender
Female
HSC
2011
Hi just have a quick question regarding an accounting end-of-month adjustment.

What is the adjustment if the prepaid rent at the start of the month was accidentally charged to rent expense during the month.

Is it debit rent expense and credit prepaid rent?
 

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