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Carter Company rents out a portion of its warehouse for five years at an annual rental of $ 8 0 , 0 0 0 ,

Carter Company rents out a portion of its warehouse for five years at an annual rental of

80, 000,

beginning on July

1, 2025 .

The tenant, paid one year's rent in advance, which

Carter recorded with a credit to Unearned Rent Revenue.

Required: Create the adjusting journal entry for December

31, 2025 .

What is the ending

balance in the Unearned Rent Revenue account?

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