Piercey8092 Piercey8092
  • 14-01-2020
  • Business
contestada

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.

Respuesta :

Kricky13
Kricky13 Kricky13
  • 14-01-2020

Answer:

D. Debit Cash, credit Prepaid Rent

Explanation:

Answer Link

Otras preguntas

What is 1 and 2/5× 7
When a government imposes a fine to coerce citizens to follow a law, which technique of enacting domestic policy is it employing
A college has a student to teacher ratio of 35 to 2. If there are 170 teachers at the college, how many students attend the college?
What is the solution to this system of equations? x − 2y = 15 2x + 4y = -18
Stability, as it relates to self-esteem, is best described as
Which of the following statements best summarizes the Communist Party membership? If you want to be a party member, you must know how to beat people. Treat the
In Tyler's science book there is a table that shows the Mohs hardness scale. The Mohs hardness scale lists the ten common minerals, from softest to hardest. Tyl
What are the options for dealing with cell division
Can u plz help with 30 and 31?
What is the answer to questions 4-8