The Payment for the Monthly Rent Will Require Which of the Following

question 157

Multiple Choice

The payment for the monthly rent will require which of the following entries?

• A) debit Cash and debit Rent Expense
• B) credit Cash and credit Rent Expense
• C) debit Rent Expense and credit Cash
• D) credit Rent Expense and debit Cash

---

Definitions:

Gallup Poll

A survey designed to sample public opinion on various subjects, conducted by the Gallup Organization, known for its national and global polls.

Executives

High-level managers in organizations, responsible for making strategic decisions and ensuring operational effectiveness.

Strategic Thinking

The ability to analyze the present situation of an organization, envision potential futures, and plan actions to achieve desired outcomes.

All Levels

Referring to all hierarchical layers within an organization, from entry-level positions to top management.