Question

Paid Rent for personal premesis journal entry ?​

Answer 1

Answer:

What is the journal entry for rent paid?

Accrued Rent/Rent Payable Account Dr. Cash/Bank Account Cr. Journal entry for rent paid in cash would be debit the Rent Expenses account and credit Cash Paid.

Answer 2

Answer:

journal entry is:

Rent a/c Dr

To personal premises a/c

(paid rent for personal premises)

hope this right