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Journalize the adjusting entry required for unearned rent

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Reference no: EM131215566

On June 1, 2016, Herbal Co. received $18,900 for the rent of land for 12 months.

Journalize the adjusting entry required for unearned rent on December 31, 2016.

Refer to the Chart of Accounts for exact wording of account titles.

Reference no: EM131215566

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