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 / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

1557


EXPLAIN EACH SECTION PROVISIONS ON TDS?

1407


when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.

1475


what is subscription order

1582


what is the due date of 28th feb

1857






capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1090


What is the Project Accounting in case of Real Estate or Construction Co`s ?

1940


how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.

1880


iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

1534


WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

1596


What action could be taken by you and your manager to improve your performance in your current position?

13199


if you are a hard working nature conclude your self?

1560


What is the definition of accounting?

615


Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

585


What is mis report , how to prepare mis report for general ledger?

1063