Question

rectifying journal entry of :
rent paid 45000 credited to rent account 54000​

Answer 1

Rent Account Debit          99,000

Suspense Account Credit  99,000

Narration : Being Rent Paid 45000

wrongly Credited with wrong amount 54000

Now corrected.

Explanation:

Rent account Debited 45000 for which it has not bee  debited

Rent account Debited  54000 for which it has been wrongly credited

Answer 2

Total amount debit in rent = 99,000

Explanation:

                                 Books of (---Limited)

                                     Journal entry

Date         Account Title and Explanation        Debit   Credit

               Rent                              A/c Dr          99,000

                        To Suspense                A/c                      99,000

                 ( Being Rent Paid and rectify the wrong entry )

Explanation:

Total amount debit in rent = right amount debit + wrong amount credit

Total amount debit in rent = 45,000 + 54,000

Total amount debit in rent = 99,000

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