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  3. may 1. paid rent for may, $5,000. record the tra

May 1. Paid rent for May, $5,000. Record the transaction in the general...

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Accounting

May 1. Paid rent for May, $5,000.
Record the transaction in the general journal. (From the General Ledger module, select Tasks and General Journal to add the entry. Select Add New Entry. The date and reference will default and can be changed to match the instruction. Enter accounts and amounts for debits and credits and post the entry to update the general ledger accounts. The entry must balance in order to be posted.)
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