Which of the Following Entries Records the Payment of Rent

question 191

Multiple Choice

Which of the following entries records the payment of rent for the current month?

• A) Cash, debit; Rent Expense, credit
• B) Rent Expense, debit; Cash, credit
• C) Rent Expense, debit; Accounts Receivable, credit
• D) Accounts Payable, debit; Rent Expense, credit

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Definitions:

Nutritional Supplements

Products taken orally that contain dietary ingredients intended to supplement the diet, such as vitamins, minerals, amino acids, and herbs.

Home Health Care

Medical and supportive care provided in a person's home by healthcare professionals to treat illness or injury.

Social Assistance

Government programs designed to provide financial support or services to individuals in need to help them maintain a minimum standard of living.

Utilitarianism

A moral theory suggesting that the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.