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.
Answer Posted / srinivas.s
in the month of febbruary.
rent a/c dr.........12000
Advance rent a/c.... 3000
to cash/bank a/c...........15000
in the month of March.
rent a/c de..........15000
to Out standing rent a/c.....12000
to cash/bank a.c..............3000
| Is This Answer Correct ? | 3 Yes | 7 No |
Post New Answer View All Answers
if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
How the MIS format made up in XL.
What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
what made you take up present subject/area of specialization and what would you define as your career objectives
what is groups and and ledgers in tally can you give why we need to prepare them
How to post advance paid to a supplier in oracle jd edwards
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
What is accounting normalization?
Tell me how you can adjust entries into account?
Let me know the liability positions of Partners
i am normally accountant. i am not a CA. then i learn a account maintain
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?