Multiple Choice
Prepaid rent in the worksheet's trial balance column is $4,000.Prepaid rent in the balance sheet column is $2,000.Which of the following entries would have caused this difference?
A) A $2,000 debit entry to Prepaid rent in the worksheet's adjustments column
B) A $2,000 credit entry to Rent expense in the worksheet's adjustments column
C) A $2,000 credit entry to Prepaid rent in the worksheet's adjustments column
D) A $2,000 debit entry to Cash in the worksheet's adjustments column
Correct Answer:

Verified
Correct Answer:
Verified
Q85: The debt ratio measures a company's overall
Q86: Which of the following accounts would appear
Q87: The following is the adjusted trial
Q88: Reversing entries are posted on the first
Q89: The following contains information from the
Q91: Which of the following accounts would appear
Q92: A debt due to be paid within
Q93: What is the result if the amount
Q94: The current ratio is a measure of
Q95: The formula for computing a current ratio