Question
On December 1st, the company prepaid rent for three monhts for $6,000, and that is the amount on the December 31st unadjusted trial balance. The
On December 1st, the company prepaid rent for three monhts for $6,000, and that is the amount on the December 31st unadjusted trial balance. The year-end adjusting journal entry would include (choose two accounts and one amount)
Dr. Rent payable
Cr. Rent payable
Dr. Rent expense
Cr. Rent expense
Dr. Prepaid Rent
Cr. Prepaid Rent
$0
$2,000
$4,000
$6,000
Some other amount
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Auditing The Art And Science Of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser-Hogeterp
11th Edition
0132088061, 978-0132088060
