Question: On August 1 5 , 2 0 2 3 , the ABC Company paid $ 1 5 , 0 0 0 for a six -

On August 15,2023, the ABC Company paid $15,000 for a six-month lease of warehouse space. The lease will start on September 1,2023. If adjusting entries are only made at year-end (December 31) what was the December 31,2023 journal entry for rent expense and prepaid rent?

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