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Unadjusted trial balance as at 31st May 2020 Prepaid rent 12,000 DR Rent Expense 22,000 Additional information Prepaid Rent was paid on the 1st of

Unadjusted trial balance as at 31st May 2020

Prepaid rent 12,000 DR

Rent Expense 22,000

Additional information

Prepaid Rent was paid on the 1st of May and covered a period of four months. This account was not adjusted at the end of May.

Journal entries and workings to record year-end transaction for 30th June 2020

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