Question

class 11 commerce
Journal entries:
1) paid rent of owner residence Rs.5000

Answer 1

Answer:

Rent a/c Dr. 5000

To Cash a/c. 5000

(being rent paid)

I hope this will be helpful for you.

Mark me as the brainalist.

Answer 2

Answer:

Heyaa,,

Journal entry :

Drawing a/c Dr 5,000

To cash a/c 5,000.

(Being rent paid for personal use)

Explanation:

Owner's residence rent is considered as drawing.

And cash is going out that why cash is credited.

Hope it helps....