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Ponds Corporation makes adjusting entries monthly and is busy with closing off its March records. During March the company paid R for rent and as a result at March, the general ledger shows rent as a debit balance of R Rent is charged at a rate of R per month. What adjusting entry is necessary at March?
Ponds Corporation makes adjusting entries monthly and is busy with closing off its
March records. During March the company paid R for rent and as a result at
March, the general ledger shows rent as a debit balance of R Rent is
charged at a rate of R per month. What adjusting entry is necessary at
March?
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