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Avila Company Paid $500 on Account for Rent Expenses  Cash $500 Rent Payable $500\begin{array} { l c } \text { Cash } & \$ 500 \\\text { Rent Payable } & \$ 500\end{array}

Question 28

Multiple Choice

Avila Company paid $500 on account for rent expenses. Which of the following journal entries is recorded by the company's accountant?


A)
 Cash $500 Rent Payable $500\begin{array} { l c } \text { Cash } & \$ 500 \\\text { Rent Payable } & \$ 500\end{array}
B)
Accounts Receivable $500\quad\$ 500
Cash $500\quad \$ 500
C)
Accounts Payable $500\quad \$ 500
Cash $500\quad \$ 500
D)
 Rent Expense $500 Cash $500\begin{array} { l r } \text { Rent Expense } & \$ 500 \\\text { Cash } & \$ 500\end{array}

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