Question

(tco b adjusting entries: unearned rent at 1/1/10 was $5,300 and at 12/31/10 was $6,000. the records indicate cash receipts from rental sources during 2010 amounted to $60,000, all of which was credited to the unearned rent account. you are to prepare the missing adjusting entry. for each journal entry write dr. for debit and cr. for credit

Answer 1

I guessed A on plato and it was correct.