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Business, 28.05.2021 02:10 cassiuspricerules

On December 16, 2012, Keen Company received $5,400 from Smith Company for rent on an office building owned by Keen. The $5,400 covers the period December 16, 2012, through February 15, 2013. If Keen Company credited Unearned Rent to record the $5,400 rent collected on December 16, prepare the adjusting entry needed on December 31, 2012

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On December 16, 2012, Keen Company received $5,400 from Smith Company for rent on an office building...
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