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Journalize the adjusting entry for realty properties

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Reference no: EM132579825

On August 31, 2019, ABC Co, paid $18,000 cash being two year's rent in advance to Realty Properties.

Question 1: Journalize the Dec 31, 2019 adjusting entry for ABC Co.

Question 2: Journalize the Dec 31, 2019 adjusting entry for Realty Properties

Reference no: EM132579825

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