Question

Which account is debited in the following transactions a Rent paid B purchase good from nothing

Answer 1

Answer of your question is like this:-

a) Rent paid

=> Rent account is debited in this transaction

coz rent is an expenses so it is a nominal account therefore according to the golden rule rent will be debited.

B) Purchase goods

=> Purchase account is debited in this transaction

coz purchase is a example of enpenses and that's why purchase account is to be debited.

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