starter · 4 min
Post the rent
Build a balanced journal. Amounts are in dollars. Use Cedar & Co. account names.
Paid March yard-shed rent $1,800 from Checking.
Rent is an expense (debit). Checking is an asset (credit to decrease).
0/27 lessons · 0/20 drills
starter · 4 min
Build a balanced journal. Amounts are in dollars. Use Cedar & Co. account names.
Paid March yard-shed rent $1,800 from Checking.
Rent is an expense (debit). Checking is an asset (credit to decrease).