Rent paid rs 2000 in Jan and feb 2009. What will the entry
in Feb 1st 2009.
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Answer Posted / bijoy.ss
Rent A/c Dr 1000
Rent Prepaid A/C Dr 1000
To Cash/Bank Account 2000
(If entry Passed in Jan)
In Feb
Rent A/c Dr 1000
To Rent Prepaid A/C
(Prepaid entry amortized in Feb)
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