Paid salary and rent respectively
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Salary a c Dr
Rent a c Dr
To cash a c
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Hello there
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the journal entry for paid salary on rent will be
salary account. Dr
Rent account . Dr
To cash account
(being rent and salary paid).
Sin salary paid and rent paid will be expense for the business and we know that expenses are debited if it increases so, salary paid and rent paid is debited.
Cash is decreasing and we know that if there is decrease in the value of asset then it will be credited.
_____________________________________
_**___________________________________________
the journal entry for paid salary on rent will be
salary account. Dr
Rent account . Dr
To cash account
(being rent and salary paid).
Sin salary paid and rent paid will be expense for the business and we know that expenses are debited if it increases so, salary paid and rent paid is debited.
Cash is decreasing and we know that if there is decrease in the value of asset then it will be credited.
_____________________________________
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