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Pearl Properties collected rent of $15,480 on March 1, 2020 from a tenant for a one-year lease. The company's year-end is December 31, 2020 Prepare

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Pearl Properties collected rent of $15,480 on March 1, 2020 from a tenant for a one-year lease. The company's year-end is December 31, 2020 Prepare the appropriate journal entries for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit March 1 Depreciation Expense Accumulated Depreciation - Buildings Identify the current liabilities amount to be reported at year-end. Current Liabilities $

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