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How do you rent payment pass the journal entry?

Updated: 8/20/2019

Wiki User

∙ 9y ago

Best Answer

debit rent expense
credit cash / bank

Wiki User

∙ 9y ago

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Related questions

What is the journal entry for rent with no cash payment?

Debit rent expenseCredit rent payable

What is the journal entry when payment is received for rent?

Rent Received Account Dr To Cash/ Bank

How do you pass journal entry for prepaid rent?

Prepaid rent A/c Dr To, Rent A/C

How do you write Journal entry for equipment rent to somebody?

There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.

What is the journal entry to give a car for rent?

No entry for giving car on rent rather entry is recorded when rent is received from customer.

What is the journal entry for parent company paid rent to holding company?

Parent company journal entry Debit cash | Credit accounts payable - rent Holding company journal entry Debit accounts receivable - rent | Credit cash

What is the journal entry for rent billed but will not be collected?

Debit rent receivableCredit rent income

What will be the journal entry for unexpired rent?

debit unexpired rentcredit prepaid rent

What is the Journal entry for outstanding rent?

debit rent expensecredit rent payable

What is the journal entry of rent income?

rent due to landlord

What is the Journal entry for outstanding rent paid?

outstanding rent

What is the journal entry paid to rent office?

debit rent expense and credit cash

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