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Rental Receipts for the Period July 1, 2015, Through June

Question 63

Multiple Choice

Rental receipts for the period July 1, 2015, through June 30, 2016, were collected on June 30, 2015. The effects of these economic events on the 2015 financial statements for unearned revenue and rent revenue are Rental receipts for the period July 1, 2015, through June 30, 2016, were collected on June 30, 2015. The effects of these economic events on the 2015 financial statements for unearned revenue and rent revenue are A) I B) II C) III D) IV


A) I
B) II
C) III
D) IV

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