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Question 9 3 pts Ariel Management Group received a check for $32,600 on September 1 which represents a 4- month advance payment of rent
Question 9 3 pts Ariel Management Group received a check for $32,600 on September 1 which represents a 4- month advance payment of rent on a building it rents to a client. Unearned Revenue was credited for the full $32,600. Financial statements will be prepared monthly. Which of the following adjusting entries is recorded correctly on September 30? O DR: Rent Revenue $8,150; CR: Unearned Revenue $8,150 O DR: Cash $32,600; CR: Unearned Revenue $32,600 O DR: Unearned Revenue $32,600; CR: Rent Revenue $32,600 O DR: Unearned Revenue $8,150; CR: Rent Revenue $8,150
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