Rs. 500 paid for rent is debited to Landlord's Account’. For the above error, what is the rectification entry?
1
Rent A/c Debit 500 To Landlord's Personal A/c 500
2
Landlord's Personal A/c Debit 500 Rent A/c Debit 500 To Bank A/c 1,000
3
Rent A/c Debit 500 To Bank A/c 5000
4
Rent A/c Debit 1,000 To Landlord's Personal A/c 1,000