On the 1.7.2019 XY company received rental revenue in advance from customers of OMR 2400 for two years. in the journal entry, the credit side is: Select one: a. None of These b. Prepaid rent 2400 c. unearned revenue 2400 d. Accrued rent 2400.
On the 1.7.2019 XY company received rental revenue in advance from customers of OMR 2400 for two years. in the journal entry, the credit side is: Select one: a. None of These b. Prepaid rent 2400 c. unearned revenue 2400 d. Accrued rent 2400.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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On the 1.7.2019 XY company received rental revenue in advance from customers of OMR 2400 for two years. in the
Select one:
a. None of These
b. Prepaid rent 2400
c. unearned revenue 2400
d. Accrued rent 2400.
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