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Crown Properties leases its units for $3,500 per month, payable on the first day of the month. One tenant is having some financial difficulties. Crown
Crown Properties leases its units for $3,500 per month, payable on the first day of the month. One tenant is having some financial difficulties. Crown Properties has agreed to allow the tenant to pay half of Decembers rent on the last day of December and the other half sometime in January. Prepare Crown Properties journal entry for this tenant on December 31, 2022
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