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On December 1, 2016, an advance rent payment of $16,000 representing a three-month prepayment for the months of December, January, and February, was received in
On December 1, 2016, an advance rent payment of $16,000 representing a three-month prepayment for the months of December, January, and February, was received in cash from the company's tenant. Required: Complete the below table. (Use amounts with + for increases and amounts with - for decreases.)
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