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The entry to record the expiration of part of the prepaid rent will _______ at the end of the month.

Adecrease total assets and increase total expenses
Bdecrease total assets and decrease total expenses
Cincrease total assets and increase total expenses
Dincrease total assets and decrease total expenses

Verified Answer :

Decrease total assets and increase total expenses

Answer: A

Explanation: at the end of the month your total assets will decrease because you are spending money on rent and your expenses will increase as it is an expense of living.