Answer / koti

For the month of February....

Rent A/c 12000/-
To Bank/CashA/c 12000/-

Prepaid Rent A/c 3000/-
To Rent A/c 3000/-

For the month of march

Rent A/c 3000/-
To Bank/Cash A/c 3000/-

Rent A/c 6000/-
To Rent Outstanding A/c 6000/-

Answer / rajeev gaur

Rent A/c Dr. 12000.00
Prepaid Rent A/c Dr. 3000.00
To Bank A/c 15000.00

In March

Rent A/c Dr. 12000.00
To Bank A/c 3000.00
To Prepaid Rent A/c 3000.00
To Outstanding Rent A/c 6000.00

Answer / g srikanth

for the month of february
journal voucher

rent a/c dr 12000
to rent paayable a/c 12000

payment voucher

rent payable a/c dr 15000
to cash/bank a/c 15000

for the month of march journal voucher

prepaid rent a/c dr 3000
to rent payable a/c 3000


rent a/c dr 9000
to rent payable a/c 9000

payment voucher


rent payable a/c dr 3000
to cash/bank a/c 3000

for the month of april JV

rent a/c dr 12000
to rent payable 12000

total out standing rent
in the march month 6000
present month april 12000

total outstanding rent 18000 to pay

Answer / rahul

For the month of Feb

Rent A/c 12000/-
To Bank/CashA/c 12000/-

Prepaid Rent A/c 3000/-
To Rent A/c 3000/-

For the month of march

Rent A/c 3000/-
To Bank/Cash A/c 3000/-

Rent A/c 6000/-
To Rent Outstanding A/c 6000/-

Answer / srinivas.s

in the month of febbruary.
rent a/c dr.........12000
Advance rent a/c.... 3000
to cash/bank a/c...........15000

in the month of March.
rent a/c de..........15000
to Out standing rent a/c.....12000
to cash/bank a.c..............3000

Answer / neetu

In the month of Feb :

Rent A/c Debit Rs.12000
Landlord A/c Rs.12000

For Payment of rent Rs.12000 and payment of Rs.3000
Landlord A/c Debit Rs.12000
Cash or Bank A/c Rs.12000
(Actual Rent Paid)

Landlord A/c Debit Rs.3000
Cash or Bank A/c Rs.3000
(Excess payment to landlord)

In the month of March

Landlord A/c Debit Rs.3000
Cash or Bank A/c Rs.3000
(Paid to Landlord)

At the end of the financial year Rs.6000 due from
Landlord

Answer / h.r. sreepada bhagi

Going by your query you have paid Rs.3000/- excess in the
month of Feb. Why have you paid another Rs.3000/- in March?
Is it that actual rent is Rs. 15000/- and have paid
Rs.12000/-, so have paid the balance of Rs. 3000/- in teh
next month :-

In that case the Journal entry would in Feb :-

Rent A/c Debit Rs.15000/-
Landlord A/c Rs.15000/-
(TDS not considered)

Bank Payment entry in Feb :-
Landlord A/c Debit Rs.12000/-
Bank/Cash A/c Credit Rs.12000/-

Bank Payment entry in Feb :-
Landlord A/c Debit Rs.3000/-
Bank/Cash A/c Credit Rs.3000/-

But if actual rent was 12000/- as you have mentioned and
have paid 15000+3000, then there is an excess payment of
6000/-. Either this amount has to be received from teh
landlord or deducted from the rent of next month.

can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

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