Homework Answers
6.
| Journal Entries - Clyde Inc. | |||
| Date | Particulars | Debit | Credit |
| 30-Jun-17 | Rent Expense | $15,000.00 | |
| Cash | $15,000.00 | ||
| (To record semiannual payment of rent on the leased machine) | |||
| 31-Dec-17 | Rent Expense | $15,000.00 | |
| Cash | $15,000.00 | ||
| (To record semiannual payment of rent on the leased machine) | |||
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