journal entry for paid rent to landlord?50000
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Answered by
7
rent a/c. dr 5000
to landlord a/c. 5000
(being cash paid to landlord)
pls mark me brainliest
to landlord a/c. 5000
(being cash paid to landlord)
pls mark me brainliest
Answered by
2
Journal entry
Rent A/c Dr 50000
To cash A/c 50000
(being rent paid to landlord )
# i assume its a cash transaction
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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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