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Accounts (Principles of Accounts) · Double entry and the ledger

Accounts (Principles of Accounts)Double entry and the ledgerWAEC

Rent paid by cheque is recorded by

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Answer: A. debiting rent account and crediting bank account

The expense is debited; the bank, giving the money, is credited.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

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