Bling

Double Entry: Transaction 3 / of 22

Scene 10 / of 136
I know I can't afford to buy a shop but I found a suitable shop which I can rent for €1,000 per month, which I must pay at the start of each month. On the 3rd of May I wrote a business cheque to cover the first months rent.

Transacton: May 3rd paid rent €1,000 by cheque.

Tick which two ledger accounts should be used.

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