This question is: Jay paid $55 rent a piece of equipment to assist in a job for a client. Is the Equipment rental expense as the debit. What is the debit and credit for this transaction.
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This question is: Jay paid $55 rent a piece of equipment to assist in a job for a client. Is the Equipment rental expense as the debit. What is the debit and credit for this transaction.
The Debit will be to an appropriate Expense Account and the Credit will be to Cash
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