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 |
Post New Answer View All Answers
In which account does the unpresented cheque will get recorded?
is we can prepare any account for partnership in tally
What information do you require before you approve an invoice for payment?
how can i settle the party ac with cr & dr
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
Horizontal balance sheet versus Vertical balance sheet
Tell me what is the equation for acid-test ratio in accounting?
what is addition of Opening Balance and net profit transfered from profit and loss account called
Pls let me know Job profile for Account Manager.
Explain the meaning of long-term notes payable is or long term liabilities?
what is valuation code and valuation modifier in sap fico
What is mean by Asset area?
What is an accounting transaction?
Do you know what is a cpa?
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.