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Wildhorse Company sublet a portion of its warehouse for five years at an annual rental of $73200, beginning on May 1, 2025. The tenant, Lisa

Wildhorse Company sublet a portion of its warehouse for five years at an annual rental of $73200, beginning on May 1, 2025. The tenant, Lisa Anderson, paid one year's rent in advance, which Wildhorse recorded as a credit to Unearned Rent Revenue. Wildhorse reports on a calendar-year basis. The adjustment on December 31, 2025 for Wildhorse should be Unearned Rent Revenue 24400
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Wildhorse Company sublet a portion of its warehouse for five years at an annual rental of $73200, beginning on May 1,2025 . The tenant, Lisa Anderson, paid one year's rent in advance, which Wildhorse recorded as a credit to Uncarned Rent Revenue. Wildhorse reports on a calendar-year basis. The adjustment on December 31, 2025 for Wildhorse should be Unearned Rent Revenue 24400

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