Accountancy, asked by rahman09, 3 months ago

A company rented a premise for a year and collected an advance rent of $24,000 on January 01, 2018. Prepare the entry to record the rent received.
a. Debit Cash account for $24,000 and credit the Rent revenue account for $24,000.

b. Debit Cash account for $24,000 and credit the Unearned rent revenue account for $24,000.

c. Debit Unearned rent revenue account for $24,000 and credit the Rent revenue account for $24,000.

d. Debit Prepaid rent account for $24,000 and credit the Cash account for $24,000.

Answers

Answered by navistaayaz

0

David a different account for dollar 24.008 the cash account for dollar 24000

Previous Question

Next Question

Similar questions

Art, 1 month ago

how many colours of Doraemon new scene in tv ans fast ...

Social Sciences, 1 month ago

a government for the entire country as usually called...

English, 1 month ago

Underline the abstract nouns in the sentence {1} success was his aim from the first day ...

English, 3 months ago

You are Priya Shah, on your visit to bank with your daddy you witnessed a bank robbery. Prepare a report on what you saw there.

Science, 3 months ago

CHOOSE THE CORRECT OPTION/ANSWER ...

English, 10 months ago

A year ago, you lent your favorite book to a friend who you thought would enjoy it. Unfortunately, your friend has forgotten to return it. The book has sentimental value to you as it had been presented by your grandmother. Write a letter to your friend asking how he or she is doing reminding him / her about the book explaining why you need it back...

Social Sciences, 10 months ago

SCIENCE Instructions Students research:-Children will Collect information on the following points and share their data through sway presentation. Domain3:-Transition of health practices from ancient era to modern era a) The healthy practices which were followed by the people living in Ancient era to keep them physically healthy and active. b) Religious Practices they use to do to keep...

Physics, 10 months ago

a ship moves at a speed of 56 km/h one second later is moving at 58 km/h what is the acceleration in m/s^2...