Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account. Option 1: Credit side of current Option 2: Debit side of current Option 3: Credit side of capital Option 4: Debit side of capital

The answer is 'Credit side of current'. View full solution:

CUET Economics - Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account. | PYQs + Solutions

CUET Economics

Macro

Medium

Credit side of current

Debit side of current

Credit side of capital

Debit side of capital

✅ Correct Option: 1

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