James Limited received rent on the first day of November 2014, a total of $70,000 in advance

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James Limited received rent on the first day of November 2014, a total of $70,000 in advance for twelve months commencing on that day and records it as revenue. Record the adjusting entry for the year ending June 30, 2015 for James Limited.

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Elementary Statistics

ISBN: 978-0538733502

11th edition

Authors: Robert R. Johnson, Patricia J. Kuby

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Posted Date: Jun 29, 2018 11:30 AM

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James Limited received rent on the first day of November 2014, a total of $70,000 in advance

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Elementary Statistics

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