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A company has decided to use the cash basis of accounting. On February 1.2024 the...

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Accounting

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A company has decided to use the cash basis of accounting. On February 1.2024 the compamy pald $6,000 for ix mantirs of rent. 3 pts Answer the following questions by placing your answers in the boxes. DO NOT USE S IN YQUR ANSWERS, DUT DO USE COMMAS AS APPROPRIATE. Questions 1. What is the amount of cash paid under accrual basis accounting in February of 2024 ? 2. What is the amount of rent expense the company would record under accrual basis accounting in Febriary 202 an 3. What is the amount of rent expense the company would recod under cash basis accounting in Febnary 2024 ? 4. What is the amount of rent expense the company would recond under accrual basts accounting in. March 2024

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