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Adjustment for Unearned Revenue On June 1, 2018, Herbal Co. received $47,790 for the rent...

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Accounting

Adjustment for Unearned Revenue

On June 1, 2018, Herbal Co. received $47,790 for the rent of land for 12 months.

Journalize the adjusting entry required for unearned rent on December 31, 2018. Round your answers to the nearest dollar amount.

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