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Transaction: On April 2, Count-On-Us Pty Ltd paid $4,000 for rent of an office building for the months of May and June. The payment of

Transaction: On April 2, Count-On-Us Pty Ltd paid $4,000 for rent of an office building for the months of May and June. The payment of rent was recorded as an asset.

Instructions: Record the transaction in the general journal by selecting the correct accounts that are debited and credited. (2 marks)

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