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.
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Answer Posted / srinivas.s
in the month of febbruary.
rent a/c dr.........12000
Advance rent a/c.... 3000
to cash/bank a/c...........15000
in the month of March.
rent a/c de..........15000
to Out standing rent a/c.....12000
to cash/bank a.c..............3000
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