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On October 1, Year 2, Stokes Company paid Eastport Rentals $4,800 for a 12-month lease on warehouse space Required D. Record the deferral and the

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On October 1, Year 2, Stokes Company paid Eastport Rentals $4,800 for a 12-month lease on warehouse space Required D. Record the deferral and the related December 31, Year 2, adjustment for Stokes Company in the accounting equation b. Record the deferral and the related December 31, Year 2, adjustment for Eastport Rentals in the accounting equation Required A Required B Record the deferral and the related December 31, Year 2, adjustment for Stokes Company in the accounting equation (Do not round Intermediate calculations. Enter any decreases to account balances with a minus sign.) STOKES COMPANY Accounting Equation - Year 2 Liabilities Stockholders' Equity Prepaid Common Event Cash Retained Rent Stock Earnings Pald 12 months rent Adjustment for 3 months used Assets + + Required 8 > Record the deferral and the related December 31, Year 2, adjustment for Eastport Rentals in the accounting equation. (Do not round Intermediate calculations. Enter any decreases to account balances with a minus sign) EASTPORT RENTALS Accounting Equation - Year 2 Assets - Liabilities Unnamed Cash Rovonue Event Stockholders' Equity Common Rotained Stock Earnings Received 12 months ront Eamed 3 months rent

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