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प्रश्न
A company pays ₹ 5,000 in advance rent. What type of account is impacted, and how?
पर्याय
Prepaid Rent Account (Real, Dr).
Prepaid Rent Account (Nominal, Cr).
Prepaid Rent Account (Real, Cr).
Prepaid Rent Account (Personal, Dr).
MCQ
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उत्तर
Prepaid Rent Account (Real, Dr)
Explanation:
Prepaid rent is an asset because it represents a benefit the company will receive in the future. Assets fall under real accounts, and the rule is “Debit what comes in.”
Hence, the Prepaid Rent A/c is debited.
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