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Journal entry On November 1, the company received $10,200 cash for 6 months rent in advance from a tenant whose rent is $1,700 per month

Journal entry

On November 1, the company received $10,200 cash for 6 months rent in advance from a tenant whose rent is $1,700 per month starting November 1. The $10,200 was credited to the Unearned Revenue account on November 1. No adjustments were made after November 1.

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