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Business, 15.10.2019 04:30 ash3246

The following two events occurred for trey co. on october 31, 2017, the end of its fiscal year. trey rents a building from its owner for $2,800 per month. by a prearrangement, the company delayed paying october’s rent until november 5. on this date, the company paid the rent for both october and november. trey rents space in a building it owns to a tenant for $850 per month. by prearrangement, the tenant delayed paying the october rent until november 8. on this date, the tenant paid the rent for both october and november. required: 1. prepare adjusting entries that the company must record for these events as of october 31.

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The following two events occurred for trey co. on october 31, 2017, the end of its fiscal year. trey...
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