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27-10-2022
Business

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a company shows a $600 balance in prepaid rent in the unadjusted trial balance columns of the work sheet. the adjustments columns show expired rent of $200. this adjusting entry results in:question 17 options:$200 decrease in net income.$200 increase in net income.$200 difference between the debit and credit columns of the unadjusted trial balance.$200 of prepaid insurance.an error in the financial statements.

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