Question

Rent paid in cash 4000 and 1500 are outstanding
write the accounting equation for the following transaction​

Answer 1

Explanation:

rent a/c. dr. 4000

rent outstanding a/c. dr. 1500

to cash a/c. 5500

Answer 2

Answer:

rent a/c dr 4000

outstanding rent a/c dr 1500

To cash a/c. 5500