Question
Transaction 3 A one-year store rental lease was signed on March 1 for $1,000 per month, and rent for the first 3 months was paid
Transaction 3
A one-year store rental lease was signed on March 1 for $1,000 per month, and rent for the first 3 months was paid in advance. [Note:Record the complete entry for the March 1 transaction first and the complete adjusting entry on March 31 second.]
Account:CashAccounts ReceivableInventoryPrepaid RentFixtures and EquipmentAccounts PayableInterest PayableWages PayableNotes PayablePaid-in CapitalRetained EarningsLeave BlankDollar amount:Account:CashAccounts ReceivableInventoryPrepaid RentFixtures and EquipmentAccounts PayableInterest PayableWages PayableNotes PayablePaid-in CapitalRetained EarningsLeave BlankDollar amount:Account:CashAccounts ReceivableInventoryPrepaid RentFixtures and EquipmentAccounts PayableInterest PayableWages PayableNotes PayablePaid-in CapitalRetained EarningsLeave BlankDollar amount:Account:CashAccounts ReceivableInventoryPrepaid RentFixtures and EquipmentAccounts PayableInterest PayableWages PayableNotes PayablePaid-in CapitalRetained EarningsLeave BlankDollar amount:Account:CashAccounts ReceivableInventoryPrepaid RentFixtures and EquipmentAccounts PayableInterest PayableWages PayableNotes PayablePaid-in CapitalRetained EarningsLeave BlankDollar amount:Tries 0/5
find the type of account and each dollar amount for each account needed for this problem. not all accounts have to be used
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