Rent for the month of May received in advance in the month of April will appear on__________________.

payment side (credit) of cash book

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receipt side (debit) cash book

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No entry

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prepaid rent a/c

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Solution

The correct option is A receipt side (debit) cash book
As cash is received in the form of rent money therefore, it will be recorded in the debit side of the cash book.

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Similar questions

R s .3, 000

		₹
(i)	Sold goods to Sanjay on credit	50,000
(ii)	Sold goods to Mohan for cash	20,000
(iii)	Purchased goods from Ram on credit	25,000
(iv)	Cash received from Sanjay	19,000
(v)	Goods returned by Sanjay	2,000
(vi)	Paid rent	500
(vii)	Cash paid to Ram	15,000

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