On October 25, 2019, the company paid $33,000 rent in advance for
the six-month period (November 2019 through April 2020). On December 31, 2019, the adjustment for expired rent would include:
an $11,000 debit to Rent Expense
a $5,500 credit to Cash
a $33,000 credit to Rent Expense
a $ 5,500 credit to Prepaid Rent
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