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:

Excessive Force

The application of an amount and/or frequency of force greater than that required to comply with law enforcement or legal requirements.

Privileged

Refers to having special rights, advantages, or immunities that are not available to everyone.

Representation Clause

A contractual provision where one party guarantees certain facts or conditions to be true or to occur.

Exculpatory Clause

An exculpatory clause is a contract provision that absolves one party from liability for harm or damages incurred by the other party.