accounting and finance
posted by Tharaka on .
unadjusted trail balance(December 31,2008)(Bed Bugs R Us Ltd):
prepaid rent $8,000
rent expense $24,000
adjusting entry question: 4 months worth of prepaid rent had been purchased on September 1 2007 in an adjacent building to b used as thier office. The rent on this space was set at $2,000 per month.