Question

Rent paid by cheque journal entry

Answer 1

$\color{red}{your \: answer \: is \: here}$

$\boxed{rent \: a)c \: dr}$

$\boxed{to \: bank \: a)c \: }$

$\bf{being \: rent \: paid \: in \: cheque \: }$

Answer 2

Rent paid by cheque journal entry:

• Small firms can pay their office rent in cash or via check.
• Larger firms, on the other hand, frequently choose to pay it via check.
• This is done to keep legal proof of the accounting transaction and establish an audit trail.

In the journal entry, the rent account will be debited and bank account will be credited.

Rent a/c - Debit

Bank a/c - Credit