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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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6 years ago
On November 1, Phone Center received $4,800 for two years' rent in advance from Garrison Company. The November 30 adjusting entry that Phone Center should make is to:
A) debit Unearned Rent; credit Rent Expense $200.
B) debit Rental Income; credit Unearned Rent $3,000.
C) debit Cash; credit Rental Income $3,000.
D) debit Unearned Rent; credit Rental Income $200.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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6 years ago
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upton Author
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6 years ago
Thanks
tcat
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Yesterday
This helped my grade so much Perfect
kamikazekota
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2 hours ago
You make an excellent tutor!
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