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Rent paid rs 2000 in Jan and feb 2009. What will the entry
in Feb 1st 2009.
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I have taken the rent amt. of Rs. 2000 p.m.
Rent A/c ... Dr. 2000
To Advance Rent 2000
(Being jan. advance rent has been adjusted)
Advance Rent A/c...Dr. 2000
To Cash/Bank A/c 2000
(Being advance rent paid for the month of feb.)
It means that we have already paid the jan. rent in advance in jan, and in feb.1 we have to adjust with rent.
In feb.1 we have paid the advance rent for the month of feb.
| Is This Answer Correct ? | 0 Yes | 2 No |
Rent A/c Dr 2000
Rent payable A/c Cr 2000
Becoz its month first entry passed only .My be .
| Is This Answer Correct ? | 10 Yes | 13 No |
Answer / earasathiru6
If we r pay the amount on 1st jan for two months rent that
entry is
Rent a/c Dr 2000
To cash a/c 2000
(being Rent paid for themonth of Jan)
&
Prepaid Rent A/c Dr2000
To rent A/c 2000
(Being booked rent Advance)
| Is This Answer Correct ? | 3 Yes | 6 No |
Kamal ji according to u you are recived rent but not paid.
While answering anything think twice.My answer will be
Rent a/c Dr 2000
Rent Payable A/c 2000
To Cash/Bank 4000
(Being rent paid for the months of jan and Feb)
The question is not clear.Rent when paid is not cleared
| Is This Answer Correct ? | 1 Yes | 5 No |
Answer / suburam
Dr. Rent A/c 4000
Cr. Cash A/c 4000
(being rent paid for jan'09 and feb'09)
| Is This Answer Correct ? | 0 Yes | 4 No |
Answer / ravinder.sunkara
on feb 1
rent a/c........dr
to rent advance a/c
(being adjusted rent advance for month of feb)
| Is This Answer Correct ? | 3 Yes | 13 No |
Answer / kamal
cash a/c ........Dr. 2000.00
To rent a/c....cr. 2000.00
(being the amount paid in cash as rent of month Feb 2009)
| Is This Answer Correct ? | 6 Yes | 39 No |
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