Business, 28.08.2019 03:00 serg42

Murphy company sublet a portion of its warehouse for five years at an annual rental of $24,000, beginning on may 1, 2010. the tenant, sheri charter, paid one year's rent in advance, which murphy recorded as a credit to unearned rental revenue. murphy reports on a calendar-year basis. the adjustment on december 31, 2010 for murphy should bea. no entryb. unearned rent revenue 8,000rent revenue 8,000c. rent revenue 8,000unearned rent revenue 8,000d. unearned rent revenue 16,000

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Murphy company sublet a portion of its warehouse for five years at an annual rental of $24,000, begi...