Homework Help: accounting

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

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