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Landimark Properties owns and operates an apartment bullding and prepares annual financial statements based on a March 31 fiscal year-end a. The lenaints of one

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Landimark Properties owns and operates an apartment bullding and prepares annual financial statements based on a March 31 fiscal year-end a. The lenaints of one of the apartments patd five months' rent in advance on November 1,2022 The monthly rental is $2.700 per month. The joumal entry credited the Unearned Rent account when the payment was received. No other entiy had been recorded pilar to March 31,2023 . With a credt to the Fent Figyenue account. However, the tenants have not paid the rent for February or March. They hive agrecd to pay il wis roon as possible. c. On April 22, 2023, the tenants described in (b) pald $9.450 rent for February, March, and April. Required: Fiepare the adfusting journal entry for each of (a) and (b) that should be recorded on March 31,2023 and the subsequent entry to record the casif collection in (c) Landimark Properties owns and operates an apatment building and prepares annual financial statements based on a Mardi 31 fiscal year end. A. The tenants of one of the apartments pald five months' rent in advance on November 1.2022 . The monthly rental is $2.700 per monti. The journal entry credited the Uneamed Rent account when the payment was feceived. No other entry had been recorded. prior to Murch 31,2023 piryil as soon as possible. c. On April 22, 2073, the tenants described in (b) pald 59,450 reat for Fetruary Mateh, and Aprif. Requirad

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