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What the adjusting entry to be made by Rawling Store

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Reference no: EM133016200

Question - On July 1, Rawling Store paid $6,000 to Cumberland Realty for six months' rent, starting July 1. Prepaid rent was debited for the full amount. If financial statements are prepared on July 31, what the adjusting entry to be made by Rawling Store?

Reference no: EM133016200

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