Question

question.
Rent paid Rs. 15,000 which includes advance
rent paid Rs.5000. Required journal Entries​

Answer 1

Answer:

Rent A/c ....Dr

To cash A/c

Explanation:

Rent is nominal account and as the rule say debit all expenses and loss so rent in debit

Cash is a real account and as the rule say credit what goes out in this case we are paying rent (expenses) and cash is reducing so cash will be credit and rent will be debit