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[Debit] rent income receivable
[Credit] rent income
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∙ 9y ago
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What is the journal entry when payment is received for rent?
Rent Received Account Dr To Cash/ Bank
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.
Journal entry for rent received in advance?
Cash A/C Dr To Rent Received in Advance A/C
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 rent with no cash payment?
Debit rent expenseCredit rent payable
What is the journal entry of rent income?
rent due to landlord
What is the journal entry for rent billed but will not be collected?
Debit rent receivableCredit rent income
What the journal entry when a party recived lease rent from other party?
debit cash / bankcredit Rent income
What is the journal entry when payment is received for rent?
Rent Received Account Dr To Cash/ Bank
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.
Journal entry for rent received in advance?
Cash A/C Dr To Rent Received in Advance A/C
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 if you get some money to vacate the rented store room?
You would debit bank and credit rent payable (this will reduce the overall rent) or other income.
What is the journal entry for rent with no cash payment?
Debit rent expenseCredit rent payable
What will be the journal entry for unexpired rent?
debit unexpired rentcredit prepaid rent
What is the Journal entry for outstanding rent paid?
outstanding rent
