Action Accounting
Home
Scenario List
About
Contact
Disclaimer
The Pineapple Pub
Double Entry: Transaction 5 / of 16
Scene 19
/ of 100
Introduction
»
Double Entry
»
Balancing Accounts
»
Trial Balance
»
Income Statement
»
Balance Sheet
»
Completed Financial Statements
Rent received of €4,000 on 8th December.
Which account should be debited?
Bank Account
Rent Receivable Account
close
The bank account is receiving money so it should be debited.
close
Are you sure? Try again.
close
The bank account is receiving money. An increase in an asset should be recorded on the debit side.
check answer »
« back to previous step
