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On June 1, 2019, an advance rent payment of $8,400, representing a four-month prepayment for the months of June, July, August, and September, was received
On June 1, 2019, an advance rent payment of $8,400, representing a four-month prepayment for the months of June, July, August, and September, was received in cash from the company's tenant. The journal entry to record the effects of the four months of rent collected in advance on June 1, 2019 is
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Accounting Tutor For Beginners Simple Approach To Understanding And Learning Accounting By Any One
Authors: Hamad Ali
1st Edition
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