? Baden Realty Hotel received a cash for $18,000 on July 1 which represents a...
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Accounting
? Baden Realty Hotel received a cash for $18,000 on July 1 which represents a 6
month advance payment of room service to a client. Unearned Revenue was
credited for the full $18,000. Financial statements will be prepared on July 31. Baden
Realty should make the following adjusting entry on July 31:
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