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a . Collected $ 1 , 2 0 0 rent for the period December 1 of the current year to April 1 of next year,
a Collected $ rent for the period December of the current year to
April of next year, which was credited to Unearned Rent Revenue on
December
b Purchased a machine for $ cash on January The company
estimates annual depreciation at $
c Paid $ for a twoyear insurance premium on July of the current
year; debited Prepaid Insurance for that amount.
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