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Posted on Sep 29, 2024

On August 1 , 2 0 2 4 , collected $ 1 7 , 1 0 0 in advance rent for one year. Deferred rent

On August

1, 2024,

collected $

17, 100

in advance rent for one year. Deferred rent revenue was credited for the entire amount. Prepare the necessary adjusting entry on December

31, 2024

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