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2 6 points TB MC Qu. 2-138 Summer Leasing received... Summer Leasing received $11,900 from a customer to cover 24 months of rent in advance.

2 6 points TB MC Qu. 2-138 Summer Leasing received... Summer Leasing received $11,900 from a customer to cover 24 months of rent in advance. How should Summer record this transaction? 0125.09 Multiple Choice Debit Rent Expense, credit Cash References Debit Cash, credit Deferred Revenue Debt Prepaid Rect, credit Rem Expense Debe Cash credit Service Revenue

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