Solved: On october 1 20x0 your company sublets warehouse space to, Taxation

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On october 1 20x0 your company sublets warehouse space to

Problem

On October 1, 20X0, your company sublets warehouse space to for $900 a year to DEF, which pays in full upon signing and the amount is recorded as revenue. At year-end 20X0, you discover an adjusting entry that defers $300 of revenue. What is the correcting entry?

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Taxation: On october 1 20x0 your company sublets warehouse space to

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