Yes, you can use a prepaid debit card to rent a car with Budget, but policies may vary by location. It's advisable to check with the specific Budget location regarding their acceptance of prepaid cards. Additionally, you might need to provide additional identification or a deposit, as prepaid cards may not have the same guarantees as credit cards. Always verify the terms and conditions beforehand to avoid any issues.
[Debit] Rent Expense[Credit] Rent payableWhen rent paid[Debit] Rent payable[credit] Cash / bank
Dr Rent Expense Cr Accrued Rent Expense (L) (Rent Due) then Dr Accrued Rent Expense (L) Cr Bank (When it is paid)
outstanding rent
Debit prepaid rent and credit cash.
debit rent expense and credit cash
You can rent a car using a debit card at most major car rental companies, but some may have restrictions or additional requirements. It's best to check with the specific rental company for their policies on debit card usage.
Debit rentCredit bank
I have never had to use a credit or debit card and I have rented numerous places in Ohio for about 7 years.
Prepaid rent is a rent paid in advance so it is current asset and it will have debit balance as normal balance.
No, only a credit card can be used. No cash in any form.
yes but you need a cash deposit up front
car rent a/c DR to cash a/c CR [ being expenses paid ]