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A rent of ₦50,000 was paid by samson to his landlady by cheque. The double...

Accounts - Principles of Accounts
JAMB 2019

A rent of ₦50,000 was paid by samson to his landlady by cheque. The double entry in Samson's book is

  • A. Debit rent account, Credit bank account
  • B. Debit Rent account, Credit Samson's account
  • C. Debit Bank account, Credit Rent account
  • D. Debit Samson's account, Credit Rent account
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Correct Answer: Option B
Explanation

Since Rent is receiving then rent account is debited while Samson's account is credited because it is giving out.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now