prepare journal entry and adjusting journal entry on these transactions:

Question

end of fiscal year is Nov 30,2004

Transactions:
A theatre rents out their space from time to time to community groups to earn extra revenue. A local rock band pays $400 per month to use the theatre for practice on Monday nights. They sent a cheque for November rent for only $40 in error. The theatre clerk deposited it to the bank on November 4 and credited rent revenue. On December 4 the theatre received a cheque for the $760 covering the balance from November plus December rent.