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
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 |
how much the minimum basic salary to calculate p.f.
is surcharge diffrent from vat or surcharge is refundable or not
how did prepare the trail balance & profit & loss A/c and balance sheet
In the General Ledger.. When putting discounts, you put discounts on the DR side for Creditors and Discounts on the CR for Debitors.. Which side does discount go on for the rest of the accounts such as Purchases, M Dog, L Shirt, and L Dress?
what is profit maximisation
Write about the media role in daily life
WHAT DIFF.BETWEEN CAPITAL EXPENDITURE AND CAPITAL REVENUE?
how does calculated retain earnings?
hello friends i like to know journal entry for one loan transaction ie if you purchase a car for EMI with initial payment how to make first entry & monthly entry any thing is there? pls reply to me.
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
How to Entered The Entry if insurance Claim Recovered of four Wheeler and entry entered in personal Account so give me The entry of insurance claim recovered.
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?