Asked by CAW

Joshua owns an apartment complex with 7 tenants. Each unit rents for $1,500 per month. At the end of April, three tenants were past due on paying their rent. Which of the following represents the correct adjusting journal entry Matt should make at the end of April?
Answered by Anonymous
Debit rent receivable $4,500; credit cash $4,500.
Answered by Anonymous

Debit rent receivable $4,500; credit rent revenue $4,500.
Answered by dayday
the second answer correct Debit rent receivable $4,500; credit rent revenue $4,500
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