Which of the following records the payment of the current month's rent bill for a business?
A)debit to cash and a credit to rent expense
B)debit to rent expense and a credit to cash
C)debit to rent expense and a credit to accounts payable
D)debit to accounts payable and a credit to cash

Question

Quizplus · Accepted Answer

Rent expense is increased (debited) for the amount of the rent payment, and cash is decreased (credited) because the payment is made immediately, reflecting the outflow of cash for the rent payment.

Which of the Following Records the Payment of the Current