paid office rent 25 journal entry
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Explanation:
25. Office rent account .Dr 2000
To Cash account 2000
( being office rent paid)
(since rent paid is expense for business and when expense increase we debit it so it has been debited and cash is increasing so , it ll be credited.)
26. Cash account Dr 1000
To Commission account 1000
(Cash is increasing which is an asset and we know that aa asset increase we debit it and commission is being received which is income and income is credited when it increase.
( Commission received in cash).
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