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On June 1, Green Company leased an abandoned grocery store to use as additional storage space. The rent to lease the site is $10,000 per
On June 1, Green Company leased an abandoned grocery store to use as additional storage space. The rent to lease the site is $10,000 per month. Green's lease is for one year. Prepare the journal entry to record the lease if Green paid for the lease in cash. |
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