Rental receipts for the period July 1, 2013, through June 30, 2014, were collected on...
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Accounting
Rental receipts for the period July 1, 2013, through June 30, 2014, were collected on June 30, 2013. The effects of these economic events on the 2013 financial statements for unearned revenue and rent revenue are ?
| Unearned Revenue | Rent Revenue | |
| I. | Increase | Increase |
| II. | Increase | Decrease |
| III. | Decrease | No effect |
| IV. | Decrease | Increase |
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