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.
- 27 Answers
- 25211 Views
- Accenture, Genpact, Sunshine, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rahul
Above entry is wrong the correct entries are:-
For the month of Feb
Rent A/c 12000/-
Prepaid Rent A/c 3000/-
To Bank/CashA/c 15000/-
For the month of march
Rent A/c 12000/-
To Prepaid Rent A/c 3000/-
To Bank/Cash A/c 3000/-
To Rent Payable A/c 6000/-
| Is This Answer Correct ? | 38 Yes | 1 No |
Answer / rajat
RENT A/C DR 12000
PREPAID RENT A/C DR 3000
TO LANDLORD A/C 15000
| Is This Answer Correct ? | 29 Yes | 3 No |
Answer / king
Rent ac dr 12000
Prepaid rent ac dr 3000
to cash
assume same 12000 is the rent for march also
rent ac dr 12000 to
cash ac 3000
prepaid rent ac 3000
rent payble av 6000
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / srikantpatnaik
The Question is incorrect. the Actual rent should have been
15,000.
in the month of Feb the JE would be
Rent Account.....Dr 15,000
To cash account 12,000
To outstanding Rent Account 3,000
March
outstanding Rent A/c ....Dr 3,000
To cash A/c. 3,000
| Is This Answer Correct ? | 22 Yes | 11 No |
Answer / minakshi
in the month of feb
rent a/c dr 12000
prepaid rent a/c dr 3000
to cash/bank 15000
in the month of march
rent a/c dr 12000
to prepaid rent a/c 3000
to cash/bank 3000
to outstanding rent a/c 6000
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / sonu
On the basis of qustn answer of rahul7 king is absolutely
correct
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / gangadhar das
As far as I'm concern, you hv paid excess amount in the
month of feb i.e. Rs 15000 instead of Rs 12000 and u hv nt
paid the full rent in the month of march.
Feb month
Rent A/c Dr 12000
Prepaid Rent A/c Dr 3000
To Bank/Cash A/c 15000
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 ? | 3 Yes | 0 No |
Answer / ruchi sharma
Rent A/c - Rs.12,000
Prepaid Rent A/c - Rs. 3,000
to Cash a/c - Rs.15,000
In the month of march, entry will be
Rent A/c - Rs. 12,000
to Prepaid rent A/c - Rs. 3,000
Outstanding Rent A/c- Rs. 6,000
Cash A/c - Rs. 3,000
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rishi kumar rajpoot
on feb.
rent a/c rs. 12000.00
prepaid rent rs. 3000.00
cash/bank rs. 15000.00
on march.
rent a/c rs. 12000.00
o/s payable rent a/c rs. 6000.00
prepaid rent a/c rs. 3000.00
cash / bank rs. 3000.00
| Is This Answer Correct ? | 1 Yes | 0 No |
what is demerger?
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
what is meant by ratio analasis
what is difference between tax invoiced & retail invoice
WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS UNDER :. SUB TOTAL = 428325.45 VAT @12.5%= 53540.68 Additional vat 1%= 4283.25 ORDER DISCOUNT = (9722.99) ROUNDED OFF = 0.39 -------------------------- NET AMOUNT = 476426.00
whether bills of exchnge can come under the category of reserves and surplus
0 Answers Iyer Coaching Centre,
what is the difference between backup and restore in tally software pls tell me friends?
How can you made payment when bill come from vendor, what is the bills have you check.
What is Contigent Libilites
what is Finalization of Accounts?
What is recording damage inventory in books of account?
I am confused with Capital Account and Drawings Account. Please show me "the general Journal Entries" and "Owner's Equity in Balance Sheet". (1) The owner increased his investment in the company by $10,000. (2) The owner increased his investment in the company by $10,000.
Audit 
