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A company closing its acconts in december..its paying
10000/-as rent......in the month of august it paid 4 months
rent as advance...how will u account this

Answer Posted / anil

that time we accounting in only august month that entry is
coming Advance Rent a/c Dr.
To, cash/Bank a/c

this entry posting in Payment ledger

Is This Answer Correct ?    7 Yes 3 No



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