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متابعة

Cash paid 2000 for rent. What is debit account?

A. Cash

B. Rent

C. Account payable

D. Note receivable

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تم إضافة السؤال من قبل Wasim khan wazir , Finance Specialist , Mott Macdonald
تاريخ النشر: 2015/12/15
Akilur Rahman
من قبل Akilur Rahman , Accounts Manager , Falcon Industries W.L.L.

Rent is the correct Answer 

Rent A/C ---Dr

   To Cash A/C

 

Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

From the given options, Option B is the right answer.

Mujibur Rahman ACCA
من قبل Mujibur Rahman ACCA , Founder And CEO , MR-Accountants

Answer is B. By paying cash of increase the expense for rent account. As per accounting rules if expense increase it will be debit. Hence, Rent is debit and other one is Cash credit ( Asset decrease). 

Azba Qureshi
من قبل Azba Qureshi , Finance Manager , ProtactiQ Performance Solutions

Option B. Rent a/c is the correct answer.

Mohammad Ashraf khan
من قبل Mohammad Ashraf khan , ACCOUNTS MANAGER , BLOW - UPS INTERNATIONAL

By Rent A/c  Dr.    

  to Cash A/c                          

 

So "B" is correct Answer

ADITYA SHARMA
من قبل ADITYA SHARMA , Manager , DELOITTE AND TOUCHE

The Question is silent whether the rent paid is related to the current period.

Hence best answer in this case is rent account will be debited

Nitin Samarth
من قبل Nitin Samarth , Group Financial Controller , Frsan Palace Hotel Group

Answer is B or If it is in the provision then Rent Payble to be Dr

Amany  Mohamed
من قبل Amany Mohamed , Azor Pharma for medical industry , Azor Pharma for medical

rent expense    2000

     cach                             2000

BHAVIN PATEL
من قبل BHAVIN PATEL , Senior Accountant , Sigma Projects

Debit Account is Rent because Cash Rent is paid so as per double entry book-keeping system entry should be:

Rent A/c.   Dr.2,/-

Cash A/c.  Cr.2,/-

Umair Javed
من قبل Umair Javed , Deputy Manager Accounts & payables , Fazal Group Of Companies

Rent A/c would be debit account.

Muhammad Afzal Muhammad Ashiq
من قبل Muhammad Afzal Muhammad Ashiq , Section Head-Cost Accounting , Solb Steel Company

option "B" is the correct Answer.