Rent paid rs 2000 in Jan and feb 2009. What will the entry
in Feb 1st 2009.
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Answer Posted / mohan
Rent Paid in the month of feb
Rent paid account dr 2000
to cash or bank a/c 2000
Being rent paid for the month of feb
Where as the rent paid for the month of jan in Feb the entry
will be
O/s Rent dr 2000
to bank or cash a/c
Being rent paid for the month of Jan in the month of Feb
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