Business, 19.03.2021 04:30, devinluck100

On October 1, Vista View Company rented warehouse space to a tenant for $2,600 per month. The tennant paid five months rent in advance on that date, with the lease begginning immediately. The cash recipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The adjusting entry needed on December 31 is:

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On October 1, Vista View Company rented warehouse space to a tenant for $2,600 per month. The tennan...