Question

Received rent of rs 5000 by cheque​

Answer 1

Answer:

rent a/c dr. 5000

to bank a/c 5000

Answer 2

Answer:

Bank A/C. Dr. Rs.5000

To Rent Recieved A/C. Rs.5000

[Being Rent Recieved]

Explanation:

Being Increase in asset Bank A/C will be debited & on increasing Revenue Rent Recieved A/C will be credited.

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