O-LevelAccountingAccounting procedures7707/12 · May/June 2020 · Q91 Mark

Paul rents premises from John and pays the rent by credit transfer. How would John record this? account debited account credited A bank rent receivable B cash rent receivable C rent receivable bank D rent receivable cash

Abank rent receivable

Bcash rent receivable

Crent receivable bank

Drent receivable cash

✓ Correct answer

A: bank rent receivable

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2020 Paper 1 Variant 2, question 9.

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