Question

paid rent by debit card what is the the journal entry​

Answer 1

Answer:

Assuming you have not prepaid any rent for the next X amount of months,and are just paying as you go, it would be a debit to Rent Expense and a credit to Cash. ... So when that advance rental payment was made, the journal entry would have been a debit to Prepaid Rent and a credit to Cash.

Explanation:

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