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Business, 02.03.2020 17:57 amorrison10181

Bonita Realty Management Co. received a check for $30,000 on October 1, which represents a one year advance payment of rent on an office it rents to a client. Unearned Rent Revenue was increased for the full $30,000. Financial statements are prepared on December 31. The appropriate adjustment to make on December 31 of the first year would be

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Bonita Realty Management Co. received a check for $30,000 on October 1, which represents a one year...
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