Journal Entry of Rent Paid by the Proprietor from Personal Cash 4000

Date: [Date of the transaction]

1. Rent Expense Account:
- The rent paid by the proprietor from personal cash should be recorded in the Rent Expense account under the debit side. This account reflects the cost of renting the space for business purposes.

2. Cash Account:
- The cash account should be credited with the same amount of 4000. This shows that cash has been paid out of the business for rent.

3. Explanation:
- It is important to clearly explain the transaction in the journal entry. Here, the proprietor used personal cash to pay for the rent of the business space. This should be noted to maintain accurate records and transparency in the financial statements.

4. Impact on Financial Statements:
- This transaction will decrease the cash balance in the business's financial statements since cash has been paid out. It will also increase the rent expense, reducing the overall profit of the business.

5. Reference:
- Always remember to reference the source document or receipt number related to the rent payment for future auditing purposes.
This journal entry ensures that the rent paid by the proprietor from personal cash is properly recorded in the books of accounts, maintaining accuracy and transparency in financial reporting.