Advanced Placement (AP), 22.09.2021 03:50, dudesenpai24

Stear Corp. pays rent of $1,000 for its warehouse in cash at the beginning of the month of March. What will be the journal entry for this transaction on the same day? a.
Rent Account (Debit) – 1,000; Bank Account (Credit) – 1,000
B.
Rent Account (Debit) – 1,000; Cash Account (Credit) – 1,000
C.
Warehouse Account (Debit) – 1,000; Bank Account (Credit) – 1,000
D.
Warehouse Account (Debit) – 1,000; Cash Account (Credit) – 1,000

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Stear Corp. pays rent of $1,000 for its warehouse in cash at the beginning of the month of March. Wh...