Multiple Choice
Mr. Chatty's paid June rent for the building its restaurant occupies. This transaction is recorded with a
A) debit to Rent Revenue.
B) credit to Cash.
C) debit to Accounts Payable.
D) credit to Rent Expense.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q26: The left side of an account is<br>A)
Q30: A credit is not the normal balance
Q101: Which of the following statements is not
Q178: Which increases owner's capital?<br>A) Revenues<br>B) Cash collections.<br>C)
Q179: A purchase of land for cash is
Q180: At January 31, 2020, the balance in
Q183: A service performed on account increases both
Q184: A debit is recorded to increase an
Q186: Providing a service to a customer will
Q187: Which decreases owner's capital?<br>A) Drawings.<br>B) Owner's investments.<br>C)