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Kola-Nut Ltd is a company which offers their customers a wide selection of soft drinks. This month, Kola-Nut Ltd paid for 1 month of rent
Kola-Nut Ltd is a company which offers their customers a wide selection of soft drinks. This month, Kola-Nut Ltd paid for 1 month of rent for the warehouse room, which has a monthly costs of $1200.
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A | DR Accounts Payable $1,200 CR Rent expense $1,200 |
B | DR Rent expense $1,200 CR Cash $1,200 |
C | DR Rent expense $14,400 CR Accounts Payable $14,400 |
D | DR Accounts Payable $14,400 CR Rent expense $14,400 |
E | None of the above |
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