wiz-icon
MyQuestionIcon
MyQuestionIcon
5
You visited us 5 times! Enjoying our articles? Unlock Full Access!
Question

Rent paid Rs. 2,000 was wrongly shown as payment to landlord in the cash book. The effect of this is ___


A

Excess debit in Rent Account

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Excess debit in cash account

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

Excess debit in Landlord`s account

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C

Excess debit in Landlord`s account


Landlord’s account has been wrongly debited instead of Rent account, hence there is an excess debit in landlord`s account.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Trial Balance
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon