On November 1 the company received 6 months rent in advance from a tenant whose rent is 700 per month. The 4200 was credited to th unearned Rent account

1. prepare adjusting entry for year end dec 31

on november 1 the company received 6 months rent in advance from a tenant whose rent is 700 per month. the 4200 was credited to th unearned Rent account

1. prepare adjusting entry for year end dec 31
Cash 4200
Unearned revenue, rent 4200

ladykim's JE is for Nov 1.

For Dec 31,
Dr. unearned revenue 1400
Cr. Revenue 1400