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Jayne rented office space for her new business on July 1, 2010. To receive a...

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Accounting

Jayne rented office space for her new business on July 1, 2010. To receive a discount, she paid $5,160 for 12 months' rent in advance, beginning with July. How will this advance payment appear on the financial statements prepared at year end, December 31? Assume no additional rent was paid in 2011. Use the following chart for your answers.( complete all answer boxes)

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