Queenlatifah8995 Queenlatifah8995
  • 17-11-2021
  • Business
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Somerset Leasing received $60,000 for 12 months' rent in advance. How should Somerset record this transaction

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sspain1978
sspain1978 sspain1978
  • 17-11-2021
+ Credit 60,000 month received
- Debit 5,000 month received
- Debit 5,000 month for the next 11 months
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