Journal Entry Question:
Basic Expense

Prepare the journal entry for the following transaction:

Paid rent 200

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Basic Expense

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by: hanadi

Debit:Rent expenses

Recording Expense
by: Anonymous

Debit - Expense 200
Credit - Bank 200

Capital Entry
by: Anonymous

When a business starts taken unsecured from two parties amount through bank can the capital entry be bank to capital?

by: Anonymous

rent a/c...Dr
to cash a/c

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