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The T account for Unearned Rent appeared as follows after posting from the journal: Unearned Rent 23 Dec. 1 1,800 Which of the following is
The T account for Unearned Rent appeared as follows after posting from the journal:
Unearned Rent | 23 | ||
Dec. 1 | 1,800 |
Which of the following is a correct statement about the journal entry that was posted?
a.The debit portion of the entry was likely to be Accounts Receivable.
b.The entry explanation likely read "Paid rent in advance."
c.The account title should read Unearned Rent Receivable.
d.A "23" was entered in the Post. Ref. column of the journal.
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