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sukhopar [10]
3 years ago
12

On September 1 the Petite-Sizes Store paid $12,000 to the Mega-Mall Co. for 3-month rent beginning September 1. Prepaid Rent was

debited for the payment. If Petite-Sizes Store prepares financial statements on September 30, the appropriate adjusting journal entry to make on September 30 would be ________.
a. Prepaid Rent - $4,000; Rent Expense - $4,000b. Rent Expense - $4,000; Prepaid Rent - $4,000c. Prepaid Rent - $8,000; Rent Expense - $8,000d. Rent Expense - $8,000; Prepaid Rent - $8,000
Business
1 answer:
blsea [12.9K]3 years ago
6 0
B) Rent Expense $4,000
Rent $4,000
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