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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 / gangadhar das
As far as I'm concern, you hv paid excess amount in the
month of feb i.e. Rs 15000 instead of Rs 12000 and u hv nt
paid the full rent in the month of march.
Feb month
Rent A/c Dr 12000
Prepaid Rent A/c Dr 3000
To Bank/Cash A/c 15000
Month of March
Rent A/c Dr 12000
To Prepaid Rent A/c 3000
To Bank/Cash A/c 3000
To outstanding rent A/c 6000
| Is This Answer Correct ? | 3 Yes | 0 No |
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