The Actual Rent was 12000,in the month of Feb i had paid
15000 and in the month of march i had paid 3000. Pass the
necessary Journal entry for this.
Answers were Sorted based on User's Feedback
for the month of february
journal voucher
rent a/c dr 12000
to rent paayable a/c 12000
payment voucher
rent payable a/c dr 15000
to cash/bank a/c 15000
for the month of march journal voucher
prepaid rent a/c dr 3000
to rent payable a/c 3000
rent a/c dr 9000
to rent payable a/c 9000
payment voucher
rent payable a/c dr 3000
to cash/bank a/c 3000
for the month of april JV
rent a/c dr 18000
to rent payable 18000
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / fayas
Rent A/C Dr rs.12000
Prepaid Rent A/c Dr rs.3000
To Cash A/c Cr rs.15000
(Being rent received for Feb And Advance rent received for march rs.3000)
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / satya
Actual Entries would be:
In the month of Feb:
Rent A/c Dr12000
Advance Rent A/c Dr 3000
To Cash A/c 15000
In the M/o March:
Rent A/c Dr12000
To Advance Rent A/c 3000
To Rent Payable A/c 6000
To Cash A/c 3000
(IS THERE ANYONE WHO CAN CHALENGE MY ANSWER)
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / jthareja2010
in the month of feb
rent a/c dr. 12000.00
prepaid rent dr 3000.00
to cash/ ch 15000
in the month of mar
rent a/c dr 12000.00
to prepaid rent 3000.00
to cash/ch 3000.00
to rent payable 6000.00
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shree
Rent a/c DR 12000
Advance a/c DR 3000
Cash a/c CR 15000
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kuldeep kumar
ENTRY WILL BE PASS IN FEB.....
RENT A/C DR 12000
PREPAID RENT A/C DR 3000
TO LANDLORD A/C 15000
ENTRY WILL BE PASS IN MARCH...
RENT A/C DR 12000
TO LANDLORD A/C 3000
TO OUTSTANDING RENT A/C 6000
TO PREPAID RENT A/C 3000
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kuldeep kumar
Please ignore my 1st answer.
ENTRY WILL BE PASS IN FEB.....
RENT A/C DR 12000
PREPAID RENT A/C DR 3000
TO CASH A/C 15000
ENTRY WILL BE PASS IN MARCH...
RENT A/C DR 12000
TO CASH A/C 3000
TO OUTSTANDING RENT A/C 6000
TO PREPAID RENT A/C 3000
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kuldeepkumar
The correct entries are:-
For the month of Feb:
Rent A/c Dr. 12000/-
Prepaid Rent A/c Dr. 3000/-
To Bank/Cash A/c 15000/-
For the month of March:
Rent A/c Dr. 12000/-
To Prepaid Rent A/c 3000/-
To Bank/Cash A/c 3000/-
To Outstanding Rent A/c 6000/-
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / satyajit sarkar
Rent of February A/C......Dr 12000
Advance Rent Of March A/c...Dr 3000
To Cash A/C 15000
In next month
cash A/C..........Dr 9000
to Rent for March 9000
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / atul
For the month of Feb:
Rent A/c Dr 12000
Prepaid rent A/c Dr 3000
To Landlord A/c 15000
Landlord A/c Dr 15000
To Bank A/c 15000
For the month of March:
Rent A/c Dr 12000
To Prepaid rent A/c 3000
To Land lord 9000
Landlord A/c Dr 9000
To Outstanding rent A/c 6000
To Bank A/c 3000
Is This Answer Correct ? | 0 Yes | 0 No |
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