Paid for Rent Rs.3,000 and paid by debit card journal entry




 Paid for Rent Rs.3,000 and paid by debit card journal entry 

In the books of Mr. Anand.

DATE 

PARTICULARS 

L/F 

DEBIT 

CREDIT

15 

Rent A/c Dr. 

          To Bank A/c 

[Being paid for rent by debit card] 

 

3,000 

 

3,000


Paid for Rent Rs.3,000 and paid by debit card:
Rent is expense for business therefore shown on debit side [Refer Nominal Account Formula] and paid by debit card if proprietor pays by bank though it should shown as Bank account on credit side.




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