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Question 26 of 30 -73.3 View Policies Current Attempt in Progress Marigold Corp. received a check for $14040 on July 1, which represents a 6-month

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Question 26 of 30 -73.3 View Policies Current Attempt in Progress Marigold Corp. received a check for $14040 on July 1, which represents a 6-month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $14040. Financial statements will be prepared on July 31. Marigold's should make the following adjusting entry on July 31: debit Unearned Rent Revenue, $2340;credit Rent Revenue, $2340. debit Rent Revenue, $2340; credit Unearned Rent Revenue, $2340. debit Cash, $14040; credit Rent Revenue, $14040, debit Unearned Rent Revenue, $14040; credit Rent Revenue, $14040, Attempts: 0 of 1 used Submit Answer Save for Later building it rents

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