Multiple choice

A cheque of Rs. 6,000 is received from Mr. Sam (our tenant) on account of rent. The correct entry is

  1. Cash A/c Dr 6,000
    To Rent a/c 6,000
  2. Bank A/c Dr 6,000
    To Sam's A/c 6,000
  3. Bank A/c Dr 6,000
    To Rent A/c 6,000

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Since rent is received by cheque, we would debit bank. Rent is an income, and income is credited.

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