Question
pts
On July Aurora Company collected $ rent on a building it owns. The amount collected, which covers a year period starting July was not recorded at all. What journal entir, if any, needs to be recorded at the end of assuming that the books have already been closed?
Debit Cash $ Credit Retained Earnings $ Credit Rent Revenue $ Credit Uneamed Rent $
None of these.
Debit Cash $ Credit Retained Earnings $ Credit Unearned Rent $
Debit Cash $ Credit Unearned Rent $
