Question: On July 1 , 2 0 X 7 , Gee, Inc. leased a delivery truck from Marr Corp. under a 3 - year operating lease.
On July X Gee, Inc. leased a delivery truck from Marr Corp. under a year operating lease. Total rent for the term of the lease will be $ payable as follows: months at $$ months at $ $ months at $$ All payments were made when due. In Marr's June balance sheet, the accrued rent receivable should be reported as:
Answer
$
$
$
$
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