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Sarasota Realty Management Co. received a check for $45000 on October 1 , which represents...

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Accounting

image Sarasota Realty Management Co. received a check for $45000 on October 1 , which represents a one-year advance payment of rent on an office it rents to a client. Unearned Rent Revenue was credited for the full $45000. Financial statements are prepared on December 31. The appropriate adjusting journal entry to make on December 31 of the first year would be

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