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Unearned revenue: the company collected 24,000 rent in advanced on September 1, debiting cash and crediting unearned rent revenue. The tenant was paying 12 months rent in advanc…

Unearned revenue: the company collected 24,000 rent in advanced on September 1, debiting cash and crediting unearned rent revenue. The tenant was paying 12 months rent in advanc…
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1 vote
Unearned revenue: the company collected 24,000 rent in advanced on September 1, debiting cash and crediting unearned rent revenue. The tenant was paying 12 months rent in advance and occupancy began september 1.

asked
User Yongji
by
8.1k points

1 Answer

3 votes

Answer:true

Step-by-step explanation:

true

answered
User Konrad Winkowski
by
7.8k points
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