Question: Question 1 - Edmonton Co. completed the below transactions during 2019. Complete the journal entries required on the date the transaction happened and also the

Question 1 - Edmonton Co. completed the below transactions during 2019. Complete the journal entries required on the date the transaction happened and also the adjusting entry required on December 31, 2019.25 marks a. On July 1, 2019, Edmonton Company paid $3,600 cash for a one year rent in advance. b. On November 1, 2019, Edmonton company collected $5,400 as advance from a customer for services it will provide over the next two years

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