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    Financial Accounting Study Set 20
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    Exam 4: Adjustments, Financial Statements, and the Quality of Earnings
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    On December 31, 2014, the Manager of Jordan Creek Apartments
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On December 31, 2014, the Manager of Jordan Creek Apartments

Question 4

Question 4

Essay

On December 31, 2014, the manager of Jordan Creek Apartments noticed that four tenants had not paid their December rent amounting to $500 each. What is the adjusting entry required on December 31, 2014?

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