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A company receives $ 9 0 0 cash on May 3 1 from a renter as advance payment for the months of June, July and
A company receives $ cash on May from a renter as advance payment for the months of June, July and August. The following dashboard shows the company's cash received and its rent revenue.
Journal entry worksheet
Prepare the May journal entry to record cash received in advance.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditMay
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