Create a recurring expense journal entry

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Reference no: EM133496207

Case: In this exercise, you will create the journal entry to expense the prepaid rent on Sadie's salon and make it recurring for six months. You will also create a recurring transaction for prepaid storage.

Question 1. Record the September expense by creating a journal entry dated 9/30/2026 for one-sixth of the prepaid Building & Property Rent, which was $3,300 paid in July 2026.

Question 2. Create a recurring expense journal entry for $550 for the last dav of each month for October 2026 through February 2027.

Question 3. Create a recurring expense journal entry for one-third of the prepaid storage, which was paid on September 22, 2026. Make it for the last day of each month for the following three months.

Reference no: EM133496207

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