Prepare the year-end adjusting entry

Reference no: EM13152049

At year end, January 31, 2011, the Prepaid Rent account had an unadjusted balance of $19,500. This amount was paid on February 1, 2010, to pay rent for years 2010, and 2011. Prepare the year-end adjusting entry. Round your final answer to the nearest whole number.

Reference no: EM13152049

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