Question: ali Question 5 0.5/1 What is the journal entry a landlord would make when receiving cash from a tenant for the next two month's rent?

ali Question 5 0.5/1 What is the journal entry a landlord would make when receiving cash from a tenant for the next two month's rent? Debit Cash Credit Prepaid Rent Answer 1: Cash Answer 2: Prepaid Rent What is the journal entry a company would make when it pays an invoice due to a supplier for purchases made last month? Debit Supplies Credit Cash Answer 1: Supplies Answer 2: Cash

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