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Adjustment entries

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13 October 2012 Hello sir,
Help me pls..
what wouuld be adjustment entry if there is Rent=25,000
outstanding rent =5000
and advance rent =7500 in trail balance..

13 October 2012 Rent 25000
Add: Outstanding 5000
Less: prepaid 7500
________
22500

13 October 2012 No adjustment entry required.If they appear in trial balance since rent account is already adjusted with outstanding and advance rent.




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