Which of the Following Entries Would Be Recorded by a Company

Multiple Choice

Which of the following entries would be recorded by a company that uses the cash basis method of accounting?

A) $$\begin{array} { | c | r | r | } \hline \text { Cash } & 1,000 & \\\hline \text { Accounts Receivable } & & 1,000 \\\hline\end{array}$$
B) $$\begin{array} { | c | r | r | } \hline \text { Salaries Expense } & 1,000 & \\\hline \text { Salaries Payable } & & 1,000 \\\hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Prepaid Rent } & 1,000 & \\\hline \text { Cash } & & 1,000 \\\hline\end{array}$$
D) $$\begin{array} { | c | r | r | } \hline \text { Rent Expense } & 1,000 & \\\hline \text { Cash } & & 1,000 \\\hline\end{array}$$