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Property A, accounts on an accrual basis. Rent is charged on the 1st of the month. What is the entry when a resident pays rent

Property A, accounts on an accrual basis. Rent is charged on the 1st of the month. What is the entry when a resident pays rent on the 3rd?

Debit Cash, Credit rent

Credit Cash, Debit Rent

Debit Cash, Credit rents receivable

Credit Rent, Debit rents receivable

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