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adjustment for Unearned Revenue On August 1, 20Y1, Newhouse Co. received $44,150 for the rent of land for 12 months. Journalize the adjusting entry required

adjustment for Unearned Revenue On August 1, 20Y1, Newhouse Co. received $44,150 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on December 31, 20Y1. Round your final answer to the nearest dollar amount. If an amount box does not require an entry, leave it blank.

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