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QRT Co . received $ 1 , 5 6 0 advance from Zync Inc. as rent for the use of a building owned by QRT

QRT Co

.

received $

1, 560

advance from Zync Inc. as rent for the use of a building owned by QRT Co

.

How does this transaction affect QRT

'

s accounts if QRT recognizes a liability on receipt of the rent?

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