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A. On May 1st, 2019, Desert paid $180,000 in advance for 18 months rent on its new warehouse. At the time, Desert debited a Nominal
A. On May 1st, 2019, Desert paid $180,000 in advance for 18 months rent on its new warehouse. At the time, Desert debited a Nominal Account! B. On August 1st, 2019, Desert received $120,000 cash in advance for services to be provided over the next 6 months. At the time, Desert credited a Real account, For your account titles, choose from: Unearned Une Rent Prepaid Rent Revenue Prepaid Services Revenue Rent Expense Revenue i Service Expense Revenue Unearned Service "Because Canvas is very sensitive in grading your responses, copy & paste from these account titles to ensure your answer is not counted wrong for an abbreviation or typo. The dollar amount does not need to include a dollar sign or comma. AJE for Transaction A: Date Account Title Debit # Credit # 12/31
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