This preview shows
page 1. Sign up
to
Exercise 2–9
1.
Interest receivable
($90,000 x 8% x
3
/
12
)
.......................
1,800
Interest revenue
.....................................................
1,800
2.
Rent expense
($6,000 x
2
/3
)
..........................................
4,000
Prepaid rent
............................................................
4,000
3.
Rent revenue
($12,000 x
7
/
12
)
.......................................
7,000
Deferred rent revenue
...........................................
7,000
4.
Depreciation expense
This is the end of the preview.
Sign up
to
access the rest of the document.
- Fall '14
- Depreciation, ........., Generally Accepted Accounting Principles
-
Click to edit the document details
