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On December 1, 2019, an advance rent payment of $10,200, representing a three-month prepayment for the months of December, January, and February, was received in
On December 1, 2019, an advance rent payment of $10,200, representing a three-month prepayment for the months of December, January, and February, was received in cash from the companys tenant.
Required:
Complete the below table. Indicate the financial statement effect.
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