Adjustment for Unearned Revenue On August 1, 20Y1, Newhouse Co. received $47,180 for the rent of land for 12 months. ournalize the adjusting entry required for unearned rent on December 31, 20Y1. Round your final answer to the nearest dollar amount. If an amount box does not require Dec. 31 Unearned Rent

Adjustment for Unearned Revenue On August 1, 20Y1, Newhouse Co. received $47,180 for the rent of land for 12 months. ournalize the adjusting entry required for unearned rent on December 31, 20Y1. Round your final answer to the nearest dollar amount. If an amount box does not require Dec. 31 Unearned Rent

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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