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Business, 16.10.2019 00:00 mariaguadalupeduranc

Windsor, inc. received a check for $15480 on july 1, which represents a 6-month advance payment of rent on a building it rents to a client. unearned rent revenue was increased for the full $15480. financial statements will be prepared on july 31. windsor's should make the following adjustment on july 31:
a. debit unearned rent revenue, $2,500; credit rent revenue, $2,500.
b. debit rent revenue, $2,500; credit unearned rent revenue, $2,500.
c. debit unearned rent revenue, $15,000; credit rent revenue, $15,000.
d. debit cash, $15,000; credit rent revenue, $15,000.

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Windsor, inc. received a check for $15480 on july 1, which represents a 6-month advance payment of r...
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