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On November 1, 2009, Bug Busters collected $6,...

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On November 1, 2009, Bug Busters collected $6,000 in advance for three months of service to be provided beginning on that date. It was credited in full to unearned rent revenue. Assuming the accounting year ends December 31, give the adjusting entry required on December 31, 2009.

 

Paper#6767 | Written in 18-Jul-2015

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