Adjusting entries unearned rent at 111x was 5000 and at


Adjusting Entries: Unearned rent at 1/1/1X was $5,000 and at 12/31/1X was $8,000. The records indicate cash receipts from rental sources during 201X amounted to $40,000, all of which was credited to the Unearned Rent Account. You are to prepare the missing adjusting entry. For each journal entry write Dr. for debit and Cr. for credit.

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Financial Accounting: Adjusting entries unearned rent at 111x was 5000 and at
Reference No:- TGS01050595

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