Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Accounting (https://www.askmehelpdesk.com/showthread.php?t=161360)

  • Dec 10, 2007, 05:03 PM
    flea
    Accounting
    If cash is paid for office rent, the transaction includes what? Debiting cash and crediting rent expense... I'm not sure... please help
  • Dec 10, 2007, 07:23 PM
    karizma
    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
  • Dec 10, 2007, 11:55 PM
    CaptainForest
    Quote:

    Originally Posted by flea
    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
  • Dec 11, 2007, 06:19 AM
    wyatt
    Preparation of financial statements accounting principles are applied differently from one fiscal period to the next? True or false
  • Dec 11, 2007, 10:48 AM
    Amenay
    [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

  • All times are GMT -7. The time now is 12:44 PM.