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
Correct Answer: Option B
B. Debit Rent account, Credit Samson’s account
Explanation
Since Rent is receiving then rent account is debited while Samson’s account is credited because it is giving out.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…