$4870 $4870 If as of December 31, 2022, rent of $111 for December had not been recorded or paid, the adjusting entry would include a: debit to Rent Expense for $111 debit to Rent Payable for $111 O credit to Cash for $111. credit to Accumulated Rent for $111.
$4870 $4870 If as of December 31, 2022, rent of $111 for December had not been recorded or paid, the adjusting entry would include a: debit to Rent Expense for $111 debit to Rent Payable for $111 O credit to Cash for $111. credit to Accumulated Rent for $111.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![The trial balance for Nash's Trading Post, LLC appears as follows:
Nash's Trading Post, LLC
Trial Balance
December 31, 2022
Cash
$220
Accounts Receivable
386
Prepaid Insurance
61
Supplies
133
Equipment
2960
Accumulated Depreciation, Equipment
$440
Accounts Payable
284
Common Stock
890
Retained Earnings
1040
Service Revenue
2216
Salaries and Wages Expense
740
Rent Expense
370
$4870
$4870](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5730274f-4461-492f-a82e-ac61275fc757%2F5ddd8b31-dbce-4472-9430-5898523d547b%2Ff0m5tci_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The trial balance for Nash's Trading Post, LLC appears as follows:
Nash's Trading Post, LLC
Trial Balance
December 31, 2022
Cash
$220
Accounts Receivable
386
Prepaid Insurance
61
Supplies
133
Equipment
2960
Accumulated Depreciation, Equipment
$440
Accounts Payable
284
Common Stock
890
Retained Earnings
1040
Service Revenue
2216
Salaries and Wages Expense
740
Rent Expense
370
$4870
$4870
![$4870
$4870
If as of December 31, 2022, rent of $111 for December had not been recorded or paid, the adjusting entry would include a:
debit to Rent Expense for $111
debit to Rent Payable for $111
O credit to Cash for $111.
credit to Accumulated Rent for $111.
Attempts: 0 of 1 used
Submit.
Save for Later
MacBook Air
DD
吕0
000
000
888
F9
F8
F7
F.5
F6
F3
F4
*
&.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5730274f-4461-492f-a82e-ac61275fc757%2F5ddd8b31-dbce-4472-9430-5898523d547b%2Fa400db_processed.jpeg&w=3840&q=75)
Transcribed Image Text:$4870
$4870
If as of December 31, 2022, rent of $111 for December had not been recorded or paid, the adjusting entry would include a:
debit to Rent Expense for $111
debit to Rent Payable for $111
O credit to Cash for $111.
credit to Accumulated Rent for $111.
Attempts: 0 of 1 used
Submit.
Save for Later
MacBook Air
DD
吕0
000
000
888
F9
F8
F7
F.5
F6
F3
F4
*
&.
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