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.
Answer Posted / rahul
Above entry is wrong the correct entries are:-
For the month of Feb
Rent A/c 12000/-
Prepaid Rent A/c 3000/-
To Bank/CashA/c 15000/-
For the month of march
Rent A/c 12000/-
To Prepaid Rent A/c 3000/-
To Bank/Cash A/c 3000/-
To Rent Payable A/c 6000/-
Is This Answer Correct ? | 38 Yes | 1 No |
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hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
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