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At the end of the annual accounting period on May 31, the adjusting entry for the following item has not been made. Provide the 2020
At the end of the annual accounting period on May 31, the adjusting entry for the following item has not been made. Provide the 2020 adjusting entry for this item. Show working out.
Rent revenue of $5,400 was collected for May and June on May 1, 2020 (Rent revenue was credited for a total of $5,400).
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