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Sam The Man received $ 2 0 , 0 0 0 from a tenant on December 1 for five months rent of

 
 

Sam The Man received $20,000 from a tenant on December 1 for five months rent of an office. This rent was for December, January, February, March, and April.


If Sam debited Cash and credited Unearned Rental Income for $20,000 on December 1, what necessary adjustment would be made on December 31? Calculate.

 

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