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

Updated: 8/19/2019

Wiki User

∙ 9y ago

Best Answer

Debit rent receivable
Credit rent income

Wiki User

∙ 9y ago

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

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Related questions

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.

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

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

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Debit rent expenseCredit rent payable

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debit unexpired rentcredit prepaid rent

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rent due to landlord

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outstanding rent

What is the Journal entry for outstanding rent?

debit rent expensecredit rent payable

How do you rent payment pass the journal entry?

debit rent expensecredit cash / bank

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debit rent expense and credit cash

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cash debit rent in advance credit

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