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.2. Answer the following - a. Explain with reason Home Loanis which type of account ( 2) b. Explain with reason Motor Caris which type

.2. Answer the following -

a. Explain with reason "Home Loan"is which type of account ( 2)

b. Explain with reason "Motor Car"is which type of account ( 2)

c. Explain with reason "Salary"is which type of account ( 2)

d. During the year 2019-20 , Bo Ltd paid Rs.1,20,000 as rent . If the outstanding rent as on 1 April 2019 & 31 March 2020 was Rs.24,000 and Rs.36,000 respectively , then what is the amount of rent charged to P&L A/C during the year 2019-20 ( 4 )

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