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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
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Answer Posted / jaidev guin
It is assumed that the rent is paid in the month of January.
31st Jan: Rent A/C Dr 1000
Advance Rent A/C Dr. 11000
To Cash 12000
28th Feb : Rent A/C Dr. 1000
To Advance Rent A/C 1000
31st March: Rent A/c Dr. 1000
To Advance Rent A/C 1000
| Is This Answer Correct ? | 33 Yes | 6 No |
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