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On October 1, Cox Company received $28,200 for six months of rent in advance. On October 1, Cox Company credited Rent Revenue, which is
On October 1, Cox Company received $28,200 for six months of rent in advance. On October 1, Cox Company credited Rent Revenue, which is an alternate way of recording the initial receipt of cash. Required: Journalize the adjusting entry on December 31.
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Revenue earned during the 3 months period oct Nov and Dec 28200 6 4700X 3 ...
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
