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Collected rent revenue of 5850 on December 10 for office space that Lakeview rented to another business The rent collected was for 30 days from
Collected rent revenue of 5850 on December 10 for office space that Lakeview rented to another business The rent collected was for 30 days from December 11 to January 10 and was credited in full to unearned revenue
Debit cash for 5850
Credit unearned revenue for 5850
Record the adjusting entry relating to rent ?
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Cost Accounting With Integrated Data Analytics
Authors: Karen Congo Farmer, Amy Fredin
1st Edition
1119731860, 9781119731863
