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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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