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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.
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Answer Posted / srikantpatnaik
The Question is incorrect. the Actual rent should have been
15,000.
in the month of Feb the JE would be
Rent Account.....Dr 15,000
To cash account 12,000
To outstanding Rent Account 3,000
March
outstanding Rent A/c ....Dr 3,000
To cash A/c. 3,000
| Is This Answer Correct ? | 22 Yes | 11 No |
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