Journal entry worksheet < 1 2 3 The Krug Company collected $15,000 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. Transaction Note: Enter debits before credits. General Journal Debit Credit

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter3: The Adjusting Process
Section: Chapter Questions
Problem 5BE: Adjustment for unearned revenue On June 1, 20Y2, Herbal Co. received 18,900 for the rent of land for...
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Journal entry worksheet
<
1
2
The Krug Company collected $15,000 rent in advance on November 1, debiting
Cash and crediting Unearned Rent Revenue. The tenant was paying 12
months' rent in advance and occupancy began November 1.
Transaction
Note: Enter debits before credits.
a.
3
Record entry
General Journal
Clear entry
Debit
Credit
View general journal
7
Transcribed Image Text:Journal entry worksheet < 1 2 The Krug Company collected $15,000 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. Transaction Note: Enter debits before credits. a. 3 Record entry General Journal Clear entry Debit Credit View general journal 7
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