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On August 1, 2013, Black Corporation Received $6,000 Cash from a Tenant

Question 121

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On August 1, 2013, Black Corporation received $6,000 cash from a tenant for one year's rent in advance, and recorded the transaction with a credit to Rent Revenue.The December 31, 2013 required adjusting entry in connection with this would be On August 1, 2013, Black Corporation received $6,000 cash from a tenant for one year's rent in advance, and recorded the transaction with a credit to Rent Revenue.The December 31, 2013 required adjusting entry in connection with this would be

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