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The financial year end for Blessing Traders is 30 June. The rental expenses of Blessing Traders are R7 000 per month. The financial records of
The financial year end for Blessing Traders is 30 June. The rental expenses of Blessing Traders are R7 000 per month. The financial records of Blessing Traders showed that rent was paid for nine months during the financial year ended 30 June 20.1. Which one of the following represents the correct adjustment journal entries in the general journal for 30 June 20.1? A. General journal Amount Account to be debited Account to be credited R Accrued income Rental expenses 21 000 B. General journal Account to be debited Rental expenses Account to be credited Accrued expenses Amount R 63 000 C. General journal Account to be debited Rental expenses Account to be credited Accrued expenses Amount R 21 000 D. General journal Account to be debited Accrued expenses Account to be credited Rental expenses Amount R 21 000 E. General journal Account to be debited Rental expenses Account to be credited Accrued income Amount R 21 000
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