Interested to Buy Any Domain ? << Click Here >> for more details...
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.
- 27 Answers
- 33579 Views
- Accenture, Genpact, Sunshine, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
Answer / rajat
RENT A/C DR 12000
PREPAID RENT A/C DR 3000
TO LANDLORD A/C 15000
| Is This Answer Correct ? | 29 Yes | 4 No |
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 |
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 |
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 |
Answer / sonu
On the basis of qustn answer of rahul7 king is absolutely
correct
| Is This Answer Correct ? | 3 Yes | 0 No |
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 |
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 |
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 |
In tally, i want indirect expenses to be an outstanding expense for me in such a way that if i include it in the sales voucher, it should not add to the price of the product but rather only indirect expenses should be credited. How is it possible?
how to calculate closing stock...? include direct exp or not...
when dissoluction of firm why investment flchuationfund subtrect from book value
Tell me how much statistics knowledge is necessary or required in accounting?
how we maintain account for a coaching institute?
How can you explain the basic accounting equation?
what is the accounting term of bank reconcilation? explain me
How to make entries in Talley for the advance of Rs. 5 lacks is given from the Project A to B to be returned after some months
WHY U HAVE CHOOSE ICWA WHY NOT CA
What is BRS Adjustment entry?
what is mutual funds best way to answer?
share premium
3 Answers Capital IQ, Fidelity,
Audit 
