Accountancy, asked by JayBhagat8419, 1 year ago

journal entry for paid rent to landlord?50000

Answers

Answered by tanishkasri
7
rent a/c. dr 5000
to landlord a/c. 5000
(being cash paid to landlord)

pls mark me brainliest
Answered by anuritha
2

Journal entry

Rent   A/c    Dr    50000

       To cash A/c                   50000

(being rent paid to landlord )

# i assume its a cash transaction

------------------------------------------------------------------------------------------

Reason

Rent A/c is the expense to the company therefore its debited

Cash A/c where money goes out of the company therefore its credited

If a rent paid through cheque then its credited with bank A/c

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