MCQ
True or False
State whether the following statement is True or False with reasons.
If rent is paid to landlord, landlord's A/c should be debited.
Options
True
False
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Solution
This statement is False.
Rent paid is an expense and Rent paid A/c should be debited, not Landlord A/c be debited.
Concept: Specimen Or Format of Journal
Is there an error in this question or solution?
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