Examlex
Find a corresponding x-y equation.
Rent Expense
The cost incurred for renting a property or equipment, recognized as an expense on the income statement.
Debit Cash
An accounting entry that increases the cash balance in a company's books, indicating inflows of money or equivalent.
Credit Cash
An accounting entry that decreases the cash balance in the company’s books, often as a result of paying out cash for expenses or liabilities.
Accounts Payable
Liabilities of a business that represent its obligations to pay off a short-term debt to its creditors or suppliers.
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