Anderson Inc paid rent expenses of 4000 for the month of October How are the accounts affected due to this tansaction?

When Anderson Inc. pays rent expenses of $4,000 for October, the Rent Expense account is increased by $4,000, reflecting the expense incurred. Simultaneously, the Cash account decreases by $4,000, as the company uses cash to pay the rent. Overall, this transaction reduces the company's cash assets while increasing its expenses, which will ultimately affect net income.