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



The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / g srikanth

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

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

Post New Answer

More Accounting General Interview Questions

My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher

0 Answers  


Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

0 Answers  


in tally what is [import masters] why we are preparing it?

1 Answers  


total assets are equal to total liabilities in final accounts ?why?

0 Answers  


I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this. Wipro Limited Dear candidate Your Resume has been selected by ( Wipro Limited). I have attached your Interview Process letter with this email. Kindly see the attached file. Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm, Company Website – www.wipro.com Note - And more details you send a email Company Email Add – career@wiprolimited.in Best Of Luck For More Details Please Click Here Wipro Limited <atoz@wiprolimited.biz I received attachment mail as well.

0 Answers   Wipro,






The parties to joint venture is called_________ (a) Co-venturers (b) Partners (c) Principal & Agent (d) Friends

1 Answers  


HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.

0 Answers   Franklin Templeton, TTC,


we purchase one material from one party & sale it to other party but the product got problem so 1 st party give us a credit note now the question is how i pass jv in my co. account

1 Answers   Pragati Industries,


How to cancel an invoice and what is the accounting entries

0 Answers   Accenture,


Expenditure incurred for the innovation of Guest house building is revenue nature or capital nature ??

4 Answers   Amazon,


Where do generally accruals appear on the balance sheet?

0 Answers  


How to make payment for single invoice and multiple invoices

0 Answers   Accenture,


Categories