The unearned rent account has a balance of $71,354. If $17,164 of the $71,354 remains unearned at the end of the accounting period, the amount of he adjusting entry is Da. $71,354 Ob. $88,518 Dc. $17,164 Od. $54,190

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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The unearned rent account has a balance of $71,354. If $17,164 of the $71,354 remains unearned at the end of the accounting period, the amount of
he adjusting entry is
Da. 571.354
Ob. $88,518
Dc. $17.164
Dd. $54,190
Transcribed Image Text:The unearned rent account has a balance of $71,354. If $17,164 of the $71,354 remains unearned at the end of the accounting period, the amount of he adjusting entry is Da. 571.354 Ob. $88,518 Dc. $17.164 Dd. $54,190
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