Cash Payments Journal - debit Rent Expenses and credit Cash will be used.
Cash Credit (CC) is a short-term source of funding for your business. In other words, cash advances are short-term loans offered by banks to businesses. It allows businesses to withdraw money from bank accounts without holding balances. Accounts are limited to borrowing only up to the borrowing limit.
Cash Credits are short-term loans approved by banks to meet the working capital needs of businesses, financial institutions and businesses. Borrowing companies can also borrow money without credit, up to existing credit limits.
Learn more about credit Cash here: https://brainly.com/question/1985056
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