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-   -   General entry for rent paid (https://www.askmehelpdesk.com/showthread.php?t=692073)

  • Aug 9, 2012, 05:30 AM
    imran_78611
    General entry for rent paid
    My question is if rent paid rs.2oo Then what will be the general entry for that and what will come on debit side
  • Aug 9, 2012, 05:42 AM
    paraclete
    In the simplist form of accounting, the opposite side of a debit entry for expense is often a credit to cash. Rent is an expense.

    You need to study your text to gain a thorough understanding of the principles

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