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princessbj1
Aug 30, 2007, 09:37 AM
scenario: company leases out to tenant 12/08 space for 5000 per mo. tenant decides to pay starting 1/8/09.

quest 1: prepare the journal entry that must be mae 12/31/08 to record rent rev.

quest 2: prepare journal enrty to record receipt of rent on1/8/09.:confused: