View Full Version : Accounting
flea
Dec 10, 2007, 05:03 PM
If cash is paid for office rent, the transaction includes what? Debiting cash and crediting rent expense... I'm not sure... please help
karizma
Dec 10, 2007, 07:23 PM
In a statement of cash flows, which of the following events would not be classified as an operating activity?
a) purchase of a trading security
b) receipt of a chas dividend
c) payment of interst on a bond issue
d) proceeds from the sale, at a gain, of aa available for sale security
CaptainForest
Dec 10, 2007, 11:55 PM
If cash is paid for office rent, the transaction includes what? debiting cash and crediting rent expense..........i'm not sure.........please help
Dr. Rent Expense
Cr. Cash
wyatt
Dec 11, 2007, 06:19 AM
Preparation of financial statements accounting principles are applied differently from one fiscal period to the next? True or false
Amenay
Dec 11, 2007, 10:48 AM
[QUOTE=flea]If cash is paid for office rent, the transaction includes what? Debiting cash and crediting rent expense... I'm not sure... please help[/QU no the exact answer is office rent debit .................and credit cash