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hello i need help with this transaction, what's the journal entry for this? June 4 , HALA Automotive rented a parking lot that cost 96,000

hello i need help with this transaction, what's the journal entry for this?

  1. June 4, HALA Automotive rented a parking lot that cost 96,000 SAR annually to start the business. The full payment due in May 31, 2021

(parking rent expense Dr. 96,000 / accounts payable Cr. 96,000) is this correct?

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