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Rent paid rs 2000 in Jan and feb 2009. What will the entry
in Feb 1st 2009.
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Answer Posted / earasathiru6
If we r pay the amount on 1st jan for two months rent that
entry is
Rent a/c Dr 2000
To cash a/c 2000
(being Rent paid for themonth of Jan)
&
Prepaid Rent A/c Dr2000
To rent A/c 2000
(Being booked rent Advance)
| Is This Answer Correct ? | 3 Yes | 6 No |
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