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Question 1 Sunland Corporation owns a warehouse. On November 1, it rented storage space to a lessee (tenant) for 3 months for a total cash

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Question 1 Sunland Corporation owns a warehouse. On November 1, it rented storage space to a lessee (tenant) for 3 months for a total cash payment of $3,270 received in advance. Prepare Sunland's November 1 journal entry and the December 31 annual adjusting entry. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work

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