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  3. a landlord collected $5,600 cash from a tenant for

A landlord collected $5,600 cash from a tenant for December 2016's rent but the tenant's...

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Accounting

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A landlord collected $5,600 cash from a tenant for December 2016's rent but the tenant's rent for December is $9.200 Which of the following is true with respect to the generally accepted accounting principles? $5,600 would appear on the balance sheet as prepaid rent. $9,200 would appear on the income statement as rent revenue earned O $9,200 would appear on the balance sheet as rent receivable $9,200 would be reported on the statement of cash flows

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