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.

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain me what is important to effective market analysis?

633


Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.

1645


If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

946


Were i have to enter for agreements in tally and in which ledger it will come

1214


accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.

1624






how will you adjust voluntary seperation payment in cash flow statement

1621


Do you know in accounting, vat abbreviates what?

652


What is normative accounting?

585


How much statistics knowledge is necessary or required in accounting?

897


What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?

839


Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

1936


What is tds and how it is calculated?

604


HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.

1635


what is basic general accounting.

1495


Explain under what type of account does the unearned revenues fall?

3447