Outstanding rent

Answers were Sorted based on User's Feedback



Outstanding rent..

Answer / kiran

RENT A/C DR
TO EXPENSE A/C CR

EXPENSE A/C DR
TO CASH A/C CR


I guess this is contra entry

Is This Answer Correct ?    1 Yes 5 No

Post New Answer

More Accounting General Interview Questions

What is balance sheet and off balance sheet?

0 Answers  


Purchased 10 pcs Mouse @ 230 from TC Ltd and get another 2 pieces as free sample.

4 Answers  


Rent is direct income or indirect income

2 Answers  


Account for letter of credit in the books?

0 Answers  


what is the meaning of A/c

5 Answers   HP, Infosys,






please give me information about h form and c form used for which items?

8 Answers   Reliance, Sara,


PURCHASE AN OFFICE BUILDING FOR RS 1,50,000 IN CASH. THE BUILDING IS VALUED AT RS 1,10,000 AND REMINDER OF THE VALUE IS ASSIGNED TO LAND. WHAT WILL BE THE JOURNAL ENTRY

4 Answers   Chartered Accountant,


what is the Difference between CC & OD accounts

4 Answers   Amul, ITC Infotech, Northern Trust,


If We Purchase Service Of Bl Fees; Is It Necessary To Make Entry As XYZ Co A/c. Dr To BL Fees A/c. Or Just To Make Entry As XYZ Co A/c. Dr To Purchase A/c. Is It The Wrong In Audit Or Any Gen Check Of Entries.

2 Answers  


(a) What is special Audit under section 14AA of CEA? (cenvat credit Audit) (b) Who can conduct such audit? (c) Who can order such audit? (d) What is the time limit for submission of report

1 Answers  


what are the entries for staff taken advance in tally? what are the ledgers to be created for this and under which group? and what are the voucher entries when the advance is refunded?

1 Answers  


What is the journal entry for Prepaid expenses?

5 Answers   Amazon,


Categories