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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

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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 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: Assume that you own 1,500 shares of $10 par value common stock and the company has a 5-for-1 stock spilt when the market price per share is $30. What will probably happen to the market price per share of the stock and the par value per share of the stock

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