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How should the Rent, Special Type, Special Amount and Lease Term be entered?

How should the Rent, Special Type, Special Amount and Lease Term be entered?

FINANCIAL ACCOUNTING
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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12. There is only one floor plan at Apple Apartments. The first floor rents for $900, the second floor rents for $800 and the third floor rents for $975. If you sign a 13-month lease you get the first month free (there's no option to prorate the savings.) There is a $250 admin fee, $25 key deposit and $75 application fee. How should the Rent, Special Type, Special Amount and Lease Term be entered? Special Type Rent 1 2 3 4 Special Amount Lease Term Lease Special Type Special Rent Term Amount month month 800 1 - No special: a. 12 938 3-One times 938 13 b.
Transcribed Image Text:12. There is only one floor plan at Apple Apartments. The first floor rents for $900, the second floor rents for $800 and the third floor rents for $975. If you sign a 13-month lease you get the first month free (there's no option to prorate the savings.) There is a $250 admin fee, $25 key deposit and $75 application fee. How should the Rent, Special Type, Special Amount and Lease Term be entered? Special Type Rent 1 2 3 4 Special Amount Lease Term Lease Special Type Special Rent Term Amount month month 800 1 - No special: a. 12 938 3-One times 938 13 b.
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