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Willy Wonka University Student Housing Inc. requires all tenants to pay a $540 security deposit, which will be returned at the end of the lease,

Willy Wonka University Student Housing Inc. requires all tenants to pay a $540 security deposit, which will be returned at the end of the lease, less any repair costs on the apartment. Willy Wonka rented 285 apartments in the current month. Prepare the entry to record the security deposits collected.

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