Question
On November 1, 20x4, you rented some office space to another company for $2593 per month. You received the first 6 months rent in advance.
On November 1, 20x4, you rented some office space to another company for $2593 per month. You received the first 6 months rent in advance. What is the amount of unearned rent on your December 31, 20x4 balance sheet?
Select one:
a. $10372
b. $5186
c. $7779
d. $15558
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College Accounting Chapters 1 24
Authors: Douglas J. Mcquaig, Patricia Bille, Tracie L. Nobles
10th Edition
1439037752, 9781439037751
