Rent Paid Rs.12000/- (which is included for the whole year
i.e Jan to Dec) and they have asked me to give Journal
Entry for the
Entry for the Month of Jan, Feb and March
Answer Posted / shilpi
rent a/c 3000
prepaid rent a/c 9000
To cash a/c 12000
Is This Answer Correct ? | 4 Yes | 2 No |
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After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
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AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
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EXPAND_________SCM
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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited