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Posted on Sep 05, 2024

On November 1, the company rented space to another tenant for $2,265 per month. The tenant paid five months' rent in advance on that date.

On November 1, the company rented space to another tenant for $2,265 per month. The tenant paid five months' rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account.

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