Q1. Rent received in advance of Rs 2000-
(a) Increase in cash B 2,000 and increase in rent by 2000
(b) Decrease in cash by 2,000 and decrease in rent 2000
(c) Increase in cash by 2000 and increase in liability by 2000
(d) Increase in cash by 2000 and decrease in creditor by 2000.
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Answer:
ans is D.
Explanation:
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