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Sanborn Company rents space to a tenant for $ 2 , 2 0 0 per month. The tenant has agreed to pay the November, December,

Sanborn Company rents space to a tenant for $

2, 200

per month. The tenant has agreed to pay the November, December, and January rents in full on January

15 .

The adjusting entry for Sanborn on December

31

is:

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