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When a landlord receives a cash payment of $12,000 on January 1st from a new tenant who will be occupying office space for the next

When a landlord receives a cash payment of $12,000 on January 1st from a new tenant who will be occupying office space for the next twelve months the landlord would do an accounting entry to debit cash and credit:

prepaid rent

rent expense

unearned rent

rent revenue

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