Question: system Announcements CALCULATOR PRINTER VERSION 4 Multiple Choice Question 168 NEXT Pharoah Company received a check for $29760 on July 1 which represents a 6
system Announcements CALCULATOR PRINTER VERSION 4 Multiple Choice Question 168 NEXT Pharoah Company received a check for $29760 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $29760. Financial statements will be prepared on July 31. Pharoah's should make the following adjusting entry on July 31: debit Unearned Rent Revenue, $4960; credit Rent Revenue, $4960. debit Uneamed Rent Revenue, $29760; credit Rent Revenue, $29760. debit Cash, $29760; credit Rent Revenue, $29760. debit Rent Revenue, $4960; credit Unearned Rent Revenue, $4960. Question Attemptsio of 1 used SAVE POR LATER SUBMIT ANSWER 15 G A MacBook
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