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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 / s4sridhar@gmail.com
My dear Friends, I too faced the same question in the same
place. Your QUESTION is WRONG. Actually the question is
== in the month of February I paid January, February and
March. Then what is the entry is the question.
For that answer is:
For the month of February:
Out standing Rent a/c. Dr. XXX
To Bank / Cash a/c. Cr. XXX
For the month of March:
Rent A/c. Dr. XXX
To Bank / Cash a/c. Cr. XXX
For the month of March:
Prepaid Rent A/c. Dr XXX
To Bank / Cash a/c. Cr. XXX
Note: Friends ask any questions directly through my mail ID.
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