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Suppose a customer rents a vehicle for four months from Rent-A-Car on October 1, paying $5,000 ($1,250/month). Record Rent-A-

not 100% sure what goes in debit and credit

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Answer #1
Account Titles and Explanation Debit   Credit
Rent Expense $3,750
Prepaid Rent $3,750
To record adjustment made for Rent Expesne
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