Assume that cash is paid for rent to cover the next year.
the appropriate debit and credit ar...
Business, 14.01.2020 20:31 gstinson98
Assume that cash is paid for rent to cover the next year.
the appropriate debit and credit are:
a. debit rent expense, credit cash.
b. debit prepaid rent, credit rent expense.
c. debit prepaid rent, credit cash.
d. debit cash, credit prepaid rent.
Answers: 3
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