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 / minakshi
in the month of feb
rent a/c dr 12000
prepaid rent a/c dr 3000
to cash/bank 15000
in the month of march
rent a/c dr 12000
to prepaid rent a/c 3000
to cash/bank 3000
to outstanding rent a/c 6000
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
Tell me the stages of double entry system?
What is the Full Procedure of Purchase ?
can i material bill book in miro without vat on transport charges ?
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
i want to wearies heads under direct expenses and indirect expenses
all ques. related to accounts?
professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally
What all are the documents need to check for a supplier payment?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
What are the criteria for accounting job?
please explain all accounting concepts n conventions in detail
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?