ENTRY FOR PREPAID INSURENCE AND ENTRY FOR OUTSTANDING RENT
Answer / vishukumar b s
PREPAID INSURENCE A\c DR
TO CASH\BANK A\C
RENT A\C DR
TO OUTSTANDING RENT A\C
When exepnses incured enrty willbe
INSURENCE A\C DR
TO PREPAID INSURENCE A\C
When outstanding rent paid entry willbe
OUTSTANDING RENT A\C DR
TO CASH\BANK A\C
Is This Answer Correct ? | 25 Yes | 2 No |
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