ABC Co is on accrual basis. Receives in Dec 2019 $1,200,000 in rent from TENANTCO – Lease begins on 1/1/20 and will run for 2 years. The payment was all in advance – covers the entire 2 year lease period. What entries do you - accountant at ABC Co- make in 2019; 2020; 2021 to record this transaction?

Bruce matthews played football for the tennessee titans. as part of his contract, he agreed to submit any dispute to arbitra- tion. he also agreed that tennessee law would determine all matters related to workers' compensation. after matthews retired, he filed a workers' compensation claim in california. the arbitrator ruled that matthews could pursue his claim in california but only under tennessee law. should this award be set aside?