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In April 2014, Netant Services, Inc. paid rent of $300 incurred in March. If no entries were made for accrual of the expense, what journal
In April 2014, Netant Services, Inc. paid rent of $300 incurred in March. If no entries were made for accrual of the expense, what journal entry is appropriate when the rent payment is made? Select a Choice Below current question choices OptionA Debit Cash account for $300; credit Rent Expense account for $300. OptionB Debit Accrued Expense account for $300; credit Rent Expense account for $300. OptionC Debit Rent Expense account for $300; credit Cash account for $300. OptionD Debit Accrued Expense account for $300; credit Cash account for $300
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