6. If as of December 31, 2021 the rent of P10,000 for the month of December had not been recorded or paid, the adjusting entry would include a * debit to Rent Expense for P10,000 credit to Cash for P10,000 debit to Rent Payable for P10,000 O credit to Rent Expense for P10,000

6. If as of December 31, 2021 the rent of P10,000 for the month of December had not been recorded or paid, the adjusting entry would include a * debit to Rent Expense for P10,000 credit to Cash for P10,000 debit to Rent Payable for P10,000 O credit to Rent Expense for P10,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 10MC: Which account would be credited when closing the account for rent expense for the year? A. Prepaid...

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Question

6. If as of December 31, 2021 the rent of P10,000 for the month of December had not been
recorded or paid, the adjusting entry would include a *
debit to Rent Expense for P10,000
credit to Cash for P10,000
debit to Rent Payable for P10,000
credit to Rent Expense for P10,000

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