CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Rent paid to the landlord is debited to _____.

A
Rent A/c
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Drawing A/c
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Landlord A/c
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Profit and loss a/c
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is D Rent A/c
Rent paid is an expense for the business. Expense is a nominal account. Rule of nominal account says that all the expenses and losses should be debited. hence Rent paid is to be debited to Rent A/c.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Overview of Accounting Processing
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon