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A business pays rent of 4000 by cheque. What are the entries required to record this transaction? Question 19 Not yet answered Select one: Marked
A business pays rent of 4000 by cheque. What are the entries required to record this transaction? Question 19 Not yet answered Select one: Marked out of 1.0 O a. Debit Rent Expense 4000 P Flag question Credit Bank 4000 Ob. Debit Bank 4000 Credit Rent Expense 4000 OC. Debit Trade Payables 4000 Credit Rent Expense 4000 Od Debit Rent Expense 4000 Credit Trade Payables 4000 Question 20 A business bought 800 of inventory on credit 30 days ago. It now has to pay the supplier. What are the entries required to record the supplier payement? Not yet answered Marked out of 1.0 Select one: O a Debit Cash 800, Credit Trade Receivables 800 P Flag question O b. Debit Trade Receivables 800, Credit Cash 800 OC. Debit Trade Payables 800, Credit Cash 800 Od Debit Cash 800, Credit Trade Payables 800
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