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On December 1, 2009, Lakeview Company collected rent of $3,600 for office space rented to another business. The rent collected was for two months from

On December 1, 2009, Lakeview Company collected rent of $3,600 for office space rented to another business. The rent collected was for two months from December 1, 2009, to January 31, 2010. Lakeview also reported the following information in its accounting records on December 31, 2009, for the December 22 to December 31 payroll.

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