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Originally Posted by whitem555 how do you journalize this transactions?
Paid palomar properties $3,660.00 for jan. Rent. Of this amount, 30% is for office facilities and 70% is for factory facilities |
Dr.Rent expense- office space......1,098
Dr. Rent Expense- factory space...2,562
Cr. Cash....................................3,660
That is assuming that the 3,600 is not a prepaid ammount for a certaint ammount of time.