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Rent Paid Rs.12000/- (which is included for the whole year
i.e Jan to Dec) and they have asked me to give Journal
Entry for the
Entry for the Month of Jan, Feb and March

Answer Posted / jaykumar

when rent paid 12,000/-
prepaid rent A\C Dr 12000/-
To,cash or bank A\C 12000/-

for jan month,
rent A\C Dr 1000/-
To,prepaid rent A\C 1000/-

for feb month,
rent A\C Dr 1000/-
To,prepaid rent A\C 1000/-


for march month,
rent A\C Dr 1000/-
To,prepaid rent A\C 1000/-

Is This Answer Correct ?    80 Yes 19 No



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