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Whispering Winds Corp. received a check for $16560 on July 1, which represents a 6-month advance payment of rent on a building it rents to
Whispering Winds Corp. received a check for $16560 on July 1, which represents a 6-month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $16560. Financial statements will be prepared on July 31. Whispering should make the following adjusting entry on July 31
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