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What about the original entry

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Question - On 9/1/12 XYZ. Co. recieved three years rent in advance and credited rent revenue for the entire amount of $6,600. What should the orginal entry be on 9/1/12 and the adjusting entry be at 12/31/12?

Using the same information as above but the entire amount was credited to unearned rent, what about the original entry be on 9/1/12 and the adjusting entry be at 12/31/12?

Reference no: EM131882420

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