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 / rajeev gaur

Rent A/c Dr. 12000.00
Prepaid Rent A/c Dr. 3000.00
To Bank A/c 15000.00

In March

Rent A/c Dr. 12000.00
To Bank A/c 3000.00
To Prepaid Rent A/c 3000.00
To Outstanding Rent A/c 6000.00

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is double-entry accounting? Explain with an example?

644


Plant and machinery destroyed for 50000

1105


Do you know what are trade bills?

960


What is accounting

3847


Explain purchase day book.

658






SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

1791


Tell me what is reversing journal entries?

576


What is normative accounting?

595


which report give the data of GL with materials details in sap?

1415


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

1530


What is partnership accounting?

632


After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

1381


Purchase and sales sahres accounting entry which have stt brokerage and other taxes

3582


What is difference vat

1658


sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?

1617