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On June 1, 20Y2, Herbal Co. received $47,150 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on

On June 1, 20Y2, Herbal Co. received $47,150 for the rent of land for 12 months.

Journalize the adjusting entry required for unearned rent on December 31, 20Y2. Round your answers to the nearest dollar amount. If an amount box does not require an entry, leave it blank.

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