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Suppose a customer rents a vehicle for three months from Commodores Rental on November 1, paying $3,300 ($1,100/month). Required: 1.82. Record the necessary entries in

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Suppose a customer rents a vehicle for three months from Commodores Rental on November 1, paying $3,300 (\$1,100/month). Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of the Deferred Revenue and Service Revenue accounts (assuming the balance of Deferred Revenue at the beginning of the year is $0 ). Journal entry worksheet Record the vehicle rental from Commodores Rental on November 1. Note: Enter debits before credits. Journal entry worksheet Record adjusting entry on December 31. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Calculate the year-end adjusted balances of the Deferred Revenue and Service Revenue accounts (assuming the balance of Deferred Revenue at the beginning of the year is $0 )

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