Rent Paid Rs.12000/- (which is included for the whole year
i.e Jan to Dec) and they have asked me to give Journal
Entry for the
Entry for the Month of Jan, Feb and March
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Answer Posted / kiran kumar k
For Jan
Rent A/c.............Dr. 1000
Prepaid Rent A/c.....Dr. 11000
To cash/bank .................A/c.Cr 12000
For Feb
Rent A/c.............Dr.1000
to Prepaid Rent........A/c.Cr. 1000
FOr March
Rent A/c.............Dr.1000
to Prepaid Rent........A/c.Cr. 1000
and So on for each month upto Dec.
| Is This Answer Correct ? | 9 Yes | 2 No |
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