On November 1, the company rented space to another tenant. A check in the amount of $9,000, representing three months’ rent in advance, was received from the tenant on that date. The tenant occupied the space on November 1. The payment was recorded with a credit to the Unearned Revenue account. Complete the necessary adjusting journal entry for December 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Homework Answers
Solution :-
Adjusting entry to record rent revenue as on December 31st.
Date General journal Debit Credit
Dec.31st. Unearned rent revenue $6000
( 9000×2m/3m )
Rent revenue $6000
( To record insurance expense )
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On November 1, the company rented space to another tenant. Acheck in the amount of...
On November 1, the company, rented space to another tenant. A check in the amount of $9,000,
Journal Entry On November 1, the company, rented space to another tenant. A check in the amount of $9,000, representing three months' rent in advance, was payment was recorded with a credit to the Unearned Rent Revenue account. Complete the necessary adjusting entry for December 31 by selecting the account names and dollar amounts from the drop-down menus.
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i cant figure out what either of the credit or debit numbers would be. could anyone...
i cant figure out what either of the credit or debit numbers would
be. could anyone help explain what the answer would be or how to
find said answer?
VIRUVCUCI . LIC LUI MURIY ICELUJULE LU UIIULICI LCIUI. ALICUIUIC UrruuiLUI ! اها ولا يه يه Required information CUPIELE LIETILEssaiy velemvei Jiaujusing Joumai Elly uy seIcCurry le accuUIL FICTIES HUIT dollar amounts in the debit and credit columns. View transaction list Journal entry worksheet < 1 On November 1, the company...
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i cant figure out what either of the credit or debit numbers would
be. could anyone help explain what the answer would be or how to
find said answer?
VIRUVCUCI . LIC LUI MURIY ICELUJULE LU UIIULICI LCIUI. ALICUIUIC UrruuiLUI ! اها ولا يه يه Required information CUPIELE LIETILEssaiy velemvei Jiaujusing Joumai Elly uy seIcCurry le accuUIL FICTIES HUIT dollar amounts in the debit and credit columns. View transaction list Journal entry worksheet < 1 On November 1, the company...
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