A business paid #80,000 for shop rent using cash. Which account will be credited?

When a business pays for an expense like rent using cash, two accounts are affected: 1. Rent Account: Rent is an expense. Expenses increase with a debit. Therefore, the Rent Account will be debited. 2. Cash Account: Cash is an asset. When cash is paid out, the asset decreases. Assets decrease with a credit. Therefore, the Cash Account will be credited. The question asks which account will be credited. The correct option is B. Step 1: Identify the nature of the transaction. The business is paying an expense (rent) using an asset (cash). Step 2: Determine the accounts involved. The accounts are Rent Expense and Cash. Step 3: Apply the rules of debit and credit. Rent Expense is an expense account, and expenses increase with a debit. So, Rent Account is debited. Cash is an asset account, and assets decrease with a credit. So, Cash Account is credited. The account that will be credited is the Cash Account. The final answer is B. Cash Account Send me the next one 📸