You started the year with a beginning balance in Prepaid Rent of $2,000. You paid 13 months' rent of $26,000. Record the journal entry.
You started the year with a beginning balance in Prepaid Rent of $4,000. You paid 6 months of rent of $12,000. Record the journal entry.
You started the year with $4,000 in Wages Payable. You paid $40,000 to your worker. You owed her $ 3,000 at the end of the year. Record the journal entry(s).