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Lease on warehouse space

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Question

On September 1, 2011 Amerishp paid West Cost Rentals $36,000 for a 12-mont lease on warehouse space.

1. Record the deferral and the related December 31, 2011, adjustment for Amerishp in accounting equation.

2. Record the deferral nd the related December 31, 2011, adjustment for west cost rentals in accounting equation.

 

Reference no: EM133239949

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