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Question

Select the appropriate alternative from the alternatives given below and rewrite the statement.
The rent paid to the landlord should be debited to ____________.
a. Drawings a/c
b. Cash a/c
c. Landlord a/c
d. Rent a/c

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Solution

Option D is correct.
When rent is paid to the landlord , Rent A/c is debited.
It is an expense, & according to nominal A/c Rule.
Expenses /Losses are debited and Income/gains are credited.

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