Question

On December 1, 2017, Derrick, Inc., pays $800 to lease a copier for use in its corporate offices during the month of December.

Note: Enter debits before credits.
Date General Journal Debit Credit
Dec. 1
Record entry Clear entry View general journal

Answer 1

Dr Rent Expense ($800)

Cr Cash ($800)

Step-by-step explanation:

Based on the information given we were told that the company pays the amount of $800 on

which was use to lease a copier for their corporate offices this means that we are going to record the Journal entry by Debiting Rent Expense with the amount of ($800) and Crediting Cash with the same amount of ($800).

Dr Rent Expense ($800)

Cr Cash ($800)