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A one-year store rental lease was signed on March 1 for $12,000 for the year, and rent for the first 4 months was pald in
A one-year store rental lease was signed on March 1 for $12,000 for the year, and rent for the first 4 months was pald in advance. [Note: Record the complete entry for the March 1 transaction first and the complete adjusting entry on March 31 second.] Account: Account: Account: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Submit Answer Tries O/s un March 1, the three class nates opened d checkinq dccount or lhe Wire dt d ocal benk Ihey eech depus ted S21,00o in exchange ur shares of stock, A e of their r ends dlso purchased stock taling $15,0 0 that was deposited 'he Wire dccou Account Cash Accourit Invamory Account Foturesand Equipment Account: Intect Payabla Accounts Receivable Prepaid Rent Accounts Payab Dollar amount: Dollar amount: Dollar emount: Dollar amount: Dollar emount: 2 Wags Payabia Nobes Payable Haid-in Capital Retained Earings Post is Send Feedb Post Dis Leava lank
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