Jin Li, an employee of ETrain.com, leases a car at O'Hare Airport for a three-day business trip. The rental cost is $205. Prepare the entry by ETrain.com to record Jin Li's short-term car lease cost paid in cash. View transaction list Journal entry worksheet A Record the short-term car lease cost of $205. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Vikarmbhai 

Jin Li, an employee of ETrain.com, leases a car at O'Hare Airport for a three-day business trip. The rental cost is $205.
Prepare the entry by ETrain.com to record Jin Li's short-term car lease cost paid in cash.
View transaction list
Journal entry worksheet
A
Record the short-term car lease cost of $205.
Note: Enter debits before credits.
Transaction
1
General Journal
Debit
Credit
View general journal
Record entry
Clear entry
Transcribed Image Text:Jin Li, an employee of ETrain.com, leases a car at O'Hare Airport for a three-day business trip. The rental cost is $205. Prepare the entry by ETrain.com to record Jin Li's short-term car lease cost paid in cash. View transaction list Journal entry worksheet A Record the short-term car lease cost of $205. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit View general journal Record entry Clear entry
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