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The journal entry for rent paid to Mohan would be recorded as follows:
Debit Rent Expense (for the amount paid)
Credit Cash or Bank (for the same amount)
This entry reflects the expense incurred for using the property and the reduction in cash or bank balance due to the payment.
What else can I help you with?
What is the Journal entry for outstanding rent paid?
outstanding rent
What is the journal entry of rent paid in advance?
Debit prepaid rent and credit cash.
What is the journal entry for rent paid by cheque?
Debit rentCredit bank
What is the journal entry for rent paid in advance?
prepaid rent a/c dr. to cash a/c
What is the journal entry for rent advance paid?
prepaid rent a/c....................Dr To cash A/c
What is the Journal entry for outstanding rent paid?
outstanding rent
What is the journal entry of rent paid in advance?
Debit prepaid rent and credit cash.
What is the journal entry paid to rent office?
debit rent expense and credit cash
What is the journal entry for rent paid by cheque?
Debit rentCredit bank
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 paid in advance?
prepaid rent a/c dr. to cash a/c
What is the journal entry for rent advance paid?
prepaid rent a/c....................Dr To cash A/c
What is the journal entry for paid rent for the month?
The journal entry for paid rent for the month typically involves debiting the Rent Expense account and crediting the Cash account. For example, if the rent payment is $1,000, the entry would be: Debit Rent Expense $1,000 Credit Cash $1,000 This reflects the expense incurred for using the property and the reduction in cash due to the payment.
Journal entry for rent payable?
[Debit] Rent Expense[Credit] Rent payableWhen rent paid[Debit] Rent payable[credit] Cash / bank
What is the journal entry for postdated cheques paid as rent in advance?
Debit prepaid rentCredit 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.
What is the journal entry for car rent?
car rent a/c DR to cash a/c CR [ being expenses paid ]
