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Sandhill Properties collected rent of $13,680 on March 1, 2020 from a tenant for a one-year lease. The company's year-end is December 31, 2020. Required:

Sandhill Properties collected rent of $13,680 on March 1, 2020 from a tenant for a one-year lease. The company's year-end is December 31, 2020.

Required:

Prepare the appropriate journal entries for the year.

Date March 1 December 31 Account Titles and Explanation Debit 13680 Credit 13680

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