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On February 1, RS Inc. signed a one year lease agreement for a commercial property. The lease term begins February 1, and the annual lease

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On February 1, RS Inc. signed a one year lease agreement for a commercial property. The lease term begins February 1, and the annual lease payment of $240 was paid in full. On June 23 , RS Inc. paid $6,000 upon receiving a delivery of materials for use in the production of commercial RadioShields

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