received from j.sarkar rs 500 as rent ...........journal account
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Answer:
Answer
Rent paid Rs.500 need to be debited to Rent A/ c but instead Rent a/c is credited with Rs.5000.
Hence Rent a/c will be debited by Rs.5500 i.e. Rs.500 for actual rent & Rs.5000 to nullify the wrong posting.
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Explanation:
France under the Ancien Régime (before the French Revolution) divided society into three estates: the First Estate (clergy); the Second Estate (nobility); and the Third Estate (commoners). The king was considered part of no estate
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