Question

Please give. Me the answer
Paid rent by cheque rs8000
Wt is to be debited and credited give its journal format

Answer 1

ANSWER:

Rent A/c .……………... Dr. ...... 8000

.... To Bank A/c ............................8000

Answer 2

Answer

Your Entry will be

Rent A/c       Dr      ₹ 8000

     To Bank A/c                ₹ 8000

(Being Rent Paid by cheque ₹ 8000)

Short Explanation

Here Two accounts will be there Rent Account and Bank Account

According to the golden rules of journal

Rent is expense and a nominal account and it is paid so it will be debited

Bank is a personal account  and it is an asset so it will be credited.