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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 / rizwan
1. prepaid rent 12000 dr
cash/bank 12000 cr
JAN-MAR
2. rent expenses 3000 dr
prepaid rent 3000 cr
NOW if we look dis entry there prepaid rent is drecrease
from 12000 to 9000 and diffrence protion are expense out ...
its right entry i think ....
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