Rent paid to landlord `70 has been credited to Rent A/c with `700. Now in rectifying entry Rent Account will be debited by which amount?
A: `700
B: `70
C: `770
D: `630

Dear Student,

The correct answer is Option(c): Rs.770
 
Journal
Date Particulars   L.F. Amount (Rs.) Amount(Rs.)
  Rent A/c
  To Suspense A/c
(Rectifying Entry Passed)
Dr.

 
  770

 

770
 

Regards

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