Question

journal entry for received rent from sub tenant​

Answer 1

Answer:

Cash Ac will be debited and rent acc will be credit so journal entey will be

Cash Ac Dr

To Rent Ac Cr

Answer 2

Answer:

The cash account is debited and the rent account is credited.

Explanation:

In this question, we have to make the journal entry for the rent received from the subtenant. Before making a journal entry first we know the meaning of sub-tenant. The sub-tenant is a person that takes property on the lease from the tenant. Now we move forward to our answer. AS we know that the rent received is an income for the house owner. Hence, whenever the rent is received the cash or the bank account is debited. On the other hand the rent account is credited.

Now we make the journal entry for the rent received:

Date Particular L.F. Debit Credit

Cash/Bank A/c                            Dr  

Rent A/c  

(Being entry is made for rent received)  

Hence, this is the entry for rent received.

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