what is the entry of rent paid
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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
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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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