Time remaining:
Journal entries for rent expense

Accounting
Tutor: None Selected Time limit: 1 Day

My rent is $400/mo. I prepaid 4 months rent on Jan 1. What is the journal entry to record rent expense at the end of January?

Dec 18th, 2014

Prepaid Rent A/c   Dr       1600

         Rent A/c                                       1600

Dec 18th, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Dec 18th, 2014
...
Dec 18th, 2014
May 24th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer