Question
Portsmith Memorial Hospital received a year's rent in advance on May 1,20X1. Their December, 31 20X1 balance sheet reported deferred rental income for this property
Portsmith Memorial Hospital received a year's rent in advance on May 1,20X1. Their December, 31 20X1 balance sheet reported deferred rental income for this property of $580. Based on the information provided, what was the original amount received?
| $ 1,740 |
| $ 1,595 |
| $ 1,450 |
| not enough information |
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The Craft Of Auditing For Accounting Undergraduates
Authors: Eldar Maksymov
1st Edition
1516589890, 9781516589890
