Question

paid rent 4000 and rent still outstanding 1000

Answer 1

hi khushi

Rent is an expense
And outstanding rent is a liability

So the rule says
Expenses all are debit and When liability increases, it is credit

So here is the journal entry

Rent A/C Dr. 5000
To Cash A/C 4000
To Rent outstanding 1000

(being rent paid for 4000 and outstanding by 1000)



hope it helps.
#jerri

Answer 2

Answer:

Rent A/C Dr. 5000

To Cash A/C 4000

To rent outstanding A/C 1000

(Being rent paid and rent outstanding)