Action Accounting
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The Pineapple Pub
Double Entry: Transaction 4 / of 16
Scene 14
/ of 100
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Completed Financial Statements
December 7: The use of the premises is rented from a brewrey and Jason had to pay rent of €20,000 by cheque.
Paid rent of €20,000 by cheque on 7th December.
Tick which two ledger accounts should be used.
Bank Account
Capital Account
Creditor - Flash Sales Limited Account
Creditor - Kensington Supplies Limted Account
Debtor - Hampstead Heath Party Hire Account
Discount Allowed Account
Drawings Account
Energy Expenses Account
Equipment Account
Furniture Account
Leasing Expenses Account
Purchases Account
Rent Payable Account
Rent Receivable Account
Sales Account
Wages Account
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The rent payable account and the bank account need to be updated.
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Are you sure? Try again.
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Rent is an expense so you need to use an appropriate expense account as well as the bank account.
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