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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 / durgaprasad m
Rent A/c-----Dr 2000
To Cash 2000
(being rent paid for the month of jan)
Prepaid A/c---Dr 2000
To cash 2000
(rent paid to advance for the month of feb)
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