1.

Rent Rs.3000 is paid with advance Rs.2000 Assets and Liabilities

Answer»

t 2000 from CASH subtract 2000 from cash ADD to 2000 to prepaid RENT subtract 2000 from cash add to 2000 to prepaid rent Explanation:subtract 2000 from cash add to 2000 to prepaid rent Explanation:no changes in LIABILITIES SIDE .draw a column for prepaid rent on assets side



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