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Compute what the amount of the adjusting entry is

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Reference no: EM132984903

Problem 1: The unearned rent account has a balance of $78,000. If $22,000 of the balance is unearned at the end of the accounting period, the amount of the adjusting entry is

Problem 2: What effect will the following adjusting journal entry have on the accounting records?

Depreciation Expense 2,150
Accumulated Depreciation 2,150

Reference no: EM132984903

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