Question: rt Co. received a $1560 advance from Zync Inc. as a rent for the house of a building owned by QRT Co. how does this
rt Co. received a $1560 advance from Zync Inc. as a rent for the house of a building owned by QRT Co. how does this transaction affect QRT's accounts ? Cash is increased and earned rent revenue is increased, cash is increased and rent revenue is decreased, cash is increased and rent revenue is increased, cash is increased and prepaid rent is increased
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