Transaction 3: A store was rented for $6,000 for the year. A lease was signed for one year on March 1. Rent for the first 2 months was paid in advance. [Note: Record the March 1 transaction first and the March 31 adjustment second.]

Options for Account: Cash, Accounts Recievable, Inventory, Prepaid Rent, Fixtures and Equipment, Accounts Payble, Interest Payable, Wages Payable, Notes Payable, Paid-in Captial, Retained Earnings and Leave Blank.

The accounts need to be in the correct order and have the right dollar amounts to correspond with them.

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount: