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Unadjusted trial balance as at 31st May 2020 Prepaid rent 12,000 DR Rent Expense 22,000...

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Question

Accounting

Unadjusted trial balance as at 31st May 2020

Prepaid rent 12,000 DR

Rent Expense 22,000

Additional information

Prepaid Rent was paid on the 1st of May and covered a period of four months. This account was not adjusted at the end of May.

Journal entries and workings to record year-end transaction for 30th June 2020

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