Accountancy, asked by musku4636, 8 months ago

what is the entry of rent paid

Answers

Answered by hempushpasharma0519
0

rent a/c ___dr

to cash or bank a/c

(being the rent paid)

rent is an expense.

so,it is nominal a/c

Dr all expenses and losses and

Cr all income and gains

Answered by radhugope9
0

Answer:

rent is nominal account.and the journal entry of rent paid and

we know that every expenses and loss is going to debit.

-rent a/c debit to cash a/c.

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