Posted by kaye on Thursday, December 13, 2012 at 1:54pm.
Georgia owns a home in Colorado that she rents for $1,200 per month that she does not use personally. While she was in Europe for Christmas, the roof in her house leaked and her tenants repaired it for $900. For the following month's rent (January), her tenants paid her $300 for rent ($1,200 – $900). What amount should Georgia include for rental income and repair expense, respectively, for January

accounting  Jose, Thursday, April 3, 2014 at 8:19am
1,200;300
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