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.

Answers were Sorted based on User's Feedback



The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / rahul

Above entry is wrong the correct entries are:-

For the month of Feb

Rent A/c 12000/-
Prepaid Rent A/c 3000/-
To Bank/CashA/c 15000/-

For the month of march

Rent A/c 12000/-
To Prepaid Rent A/c 3000/-
To Bank/Cash A/c 3000/-
To Rent Payable A/c 6000/-

Is This Answer Correct ?    38 Yes 1 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / rajat

RENT A/C DR 12000
PREPAID RENT A/C DR 3000
TO LANDLORD A/C 15000

Is This Answer Correct ?    29 Yes 3 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / king

Rent ac dr 12000
Prepaid rent ac dr 3000
to cash

assume same 12000 is the rent for march also

rent ac dr 12000 to
cash ac 3000
prepaid rent ac 3000
rent payble av 6000

Is This Answer Correct ?    13 Yes 0 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / srikantpatnaik

The Question is incorrect. the Actual rent should have been
15,000.

in the month of Feb the JE would be

Rent Account.....Dr 15,000
To cash account 12,000
To outstanding Rent Account 3,000

March
outstanding Rent A/c ....Dr 3,000
To cash A/c. 3,000

Is This Answer Correct ?    22 Yes 11 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / srikar

Rent A/c. Dr. 12,000/-
Prepaid Rent A/c. Dr 3,000/-
To. Cash A/c. 15,000/-
(Being Actual rent is 12,000/- 3,000/-Rs. is considered
prepaid rent it is a Current Assets)

Is This Answer Correct ?    6 Yes 1 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / minakshi

in the month of feb
rent a/c dr 12000
prepaid rent a/c dr 3000
to cash/bank 15000

in the month of march
rent a/c dr 12000
to prepaid rent a/c 3000
to cash/bank 3000
to outstanding rent a/c 6000

Is This Answer Correct ?    5 Yes 0 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / sonu

On the basis of qustn answer of rahul7 king is absolutely
correct

Is This Answer Correct ?    3 Yes 0 No

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / 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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / 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

The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had pai..

Answer / rishi kumar rajpoot

on feb.
rent a/c rs. 12000.00
prepaid rent rs. 3000.00
cash/bank rs. 15000.00

on march.

rent a/c rs. 12000.00
o/s payable rent a/c rs. 6000.00
prepaid rent a/c rs. 3000.00
cash / bank rs. 3000.00

Is This Answer Correct ?    1 Yes 0 No

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