Account debit

sgilreath05 Posts: 1, Reputation: 1

New Member

Jun 24, 2008, 11:58 AM

Account debit

When December rent is paid in November, to which account is it debited?

plonak Posts: 742, Reputation: 117

Senior Member

Jun 24, 2008, 02:15 PM

Prepaid rent- it's an asset

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