Denzil pays the rent on his factory with $300 cash. The entries to record this transaction are
Question:
Denzil pays the rent on his factory with $300 cash. The entries to record this transaction are debit rent account $300; credit cash account $300. True/False?
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False The correct entries to record this transaction would be Debit Rent Expense Acc...View the full answer
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Related Book For 
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
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