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Recognize the revenue earned from the rent paid in transaction B. January 3: Pane receives rent for the 2 years from a tenant who

 BJanuary 3: Pane receives rent for the 2 years from a tenant who rents one of their empty warehouses.4Total Rent Paid$63,

Recognize the revenue earned from the rent paid in transaction B. January 3: Pane receives rent for the 2 years from a tenant who rents one of their empty warehouses. 4 Total Rent Paid $63,000

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