Author Question: On January 1, Power House Co prepays the year's rent, 10,140 . Prepare the journal entry by ... (Read 81 times)

ap345

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On January 1, Power House Co prepays the year's rent, 10,140 . Prepare the journal entry by recording the prepayment to an asset account.

Question 2

A device that is not directly connected to the central computer or network is referred to as a(n) ___________________ ___________ device.
 Fill in the blank(s) with correct word



Natalie4ever

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Answer to Question 1

Jan. 1 Prepaid Rent 10,140
Cash 10,140
Prepaid annual rent.

Answer to Question 2

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