3
You visited us
3
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XII
Accountancy
Journalising Transactions
What is the t...
Question
What is the treatment of rent account in case of payment of rent is made?
A
Credit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Debit
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
Suggest Corrections
0
Similar questions
Q.
Payment of rent is debited to cash A/c.
Q.
What is the treatment of rent and insurance paid in cash flow statement?
Q.
If we have given Rent Rs. 1,12,000 in Receipts and Payment Account and additional information is given as:- Rent is paid for 3 years in advance.
Then, how we can show this on Income and Expenditure Account?
Q.
Discuss the accounting treatment of the following transaction:
Mr. Pankaj receives Rs. 1,500 per month as rent. In the year ending 31st March 2017, he received Rs. 22,000 as rent.
Q.
When rent is paid to the landlord,
account is credited.
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Accounting Aspect
ACCOUNTANCY
Watch in App
Explore more
Journalising Transactions
Standard XII Accountancy
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
AI Tutor
Textbooks
Question Papers
Install app