Asked by Emily
I am doing some accounting homework and I'm trying to figure out a problem but got confused. It says "You pay cash to rent a storage area" obviously cash is involved, but it is equity or asset also involved?
Answers
Answered by
Ms. Sue
This site may help you.
http://www.lemoineandjames.com/gaap/22ale.html
http://www.lemoineandjames.com/gaap/22ale.html
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