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On 11/1/x1 the ABC Company signed a contract to rent a building $2400 from the XYZ...

On 11/1/x1 the ABC Company signed a contract to rent a building $2400 from the XYZ company for the period 11/1/x1 until 5/1/x2. The rent will be paid on5/1/x2.

Please provide the journal entries on:

11/1/x1

12/31/x1

5/1/x2

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