Question: answer the following and show your solution 7. Information on an entity's accounts is shown below: Rent receivable, beg. 1,000,000 Rent receivable, end. 800,000 Unearned

answer the following and show your solution

7. Information on an entity's accounts is shown below: Rent receivable, beg. 1,000,000 Rent receivable, end. 800,000 Unearned rent income, beg. 600,000 Unearned rent income, end. 720,000 Rent income 2,100,000 Requirement: Compute for the following for the collections of rentals during the period

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