Question

rent of rupees 7000 paid in advance in cash​

Answer 1

Answer:

Rent paid in advance A/C

Answer 2

Answer:

Journal entry

Rent in advance A/c   Dr 7000

       To cash A/c                            7000

(being rent in advance paid through cash )

 

Explanation:

Prepaid rent can also be debited instead of Rent in advance.

Rent in advance - personal account - its receiver therefore debited

Cash - real account - cash goes out therefore its credited