Question
On December 1, 2021, the company received $5,100 in cash for December, January, and February rent. Rent revenue was credited instead of deferred rent revenue.
On December 1, 2021, the company received $5,100 in cash for December, January, and February rent. Rent revenue was credited instead of deferred rent revenue.
General journal
rent revenue
deferred rent revenue
i try 3600 for the amount of the entries but its not correct, i also tries 5100 and 1700 and its not right either
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
13th Canadian Edition
1119740460, 978-1119740469
