Accountancy, asked by Surender869, 3 months ago

Rent Rs.3000 is paid with advance Rs.2000 Assets and Liabilities

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Answered by abisheksmajestic

subtract 2000 from cash

subtract 2000 from cash add to 2000 to prepaid rent

subtract 2000 from cash add to 2000 to prepaid rent Explanation:

subtract 2000 from cash add to 2000 to prepaid rent Explanation:no changes in liabilities side .draw a column for prepaid rent on assets side

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