Vidyalelo
Commerce · Q112

Accounting

Graduate and Post Graduate · Commerce · question 112

Q112

Payment of rent expenses is recorded on which side of cash book?

A.
Receipts
B.
Payments
Answer
C.
Income
D.
Expense

Answer: Option B

Solution

Answer: Option B
Solution:
Payment of rent expenses is recorded on Payments side of cash book. All cash payments are recorded by date on the right-hand side.