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A. Cash
B. Rent
C. Account payable
D. Note receivable
Rent is the correct Answer
Rent A/C ---Dr
To Cash A/C
From the given options, Option B is the right answer.
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).
Option B. Rent a/c is the correct answer.
By Rent A/c Dr.
to Cash A/c
So "B" is correct Answer
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
Answer is B or If it is in the provision then Rent Payble to be Dr
rent expense 2000
cach 2000
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,/-
Rent A/c would be debit account.
option "B" is the correct Answer.
