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OpenStudy (ray_sihota):
East Coast Contractors pays office rent semiannually on March 31 and September 30. At December 31, part of the last payment is still available to cover January to March of the next year. No rent expense was recorded during the year. Prepaid Rent 4500 Debit March 31 9000 Debit September 30 9000 Debit How do I journalize this
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