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What is the accounting entries made if a company pays $1,000 monthly rent in cash?

a. Cash -$10000; Rent expense +$10000

b. Cash -$1000; Rent expense +$1000

c. Cash +$1000; Rent expense -$1000

d. Accounts payable -$1000; Rent expense -$1000

Financial Accounting, Accounting

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  • Reference No.:- M91523076

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