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? Baden Realty Hotel received a cash for $18,000 on July 1 which represents a...

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Accounting

? Baden Realty Hotel received a cash for $18,000 on July 1 which represents a 6

month advance payment of room service to a client. Unearned Revenue was

credited for the full $18,000. Financial statements will be prepared on July 31. Baden

Realty should make the following adjusting entry on July 31:

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