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Journal entry worksheet On August 1, 2024, Hrricane collected $12,120 in advance from another company that is renting a portion of Hurricane's factory. The $12,120

Journal entry worksheet On August 1, 2024, Hrricane collected $12,120 in advance from another company that is renting a portion of Hurricane's factory. The $12,120 represents one year's rent and the entire amount was credited to Deferred Revenue. Record the adjusting entry for deferred revenue at its year-end of December 31 . Note: Enter debits before credits

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