Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Advance rent paid for building?

user-image
Question ajoutée par Vivek Nirmalkar
Date de publication: 2018/03/18
MohamedFayaz Mohideenbatcha
par MohamedFayaz Mohideenbatcha , Accountant , Professional Group Insurance agency Company(Tawuniya Authorized Agent)

Prepaid paid rent A/C / Debit

Bank or Cash A/C / Credit

Muhammad Nauman
par Muhammad Nauman , SENIOR TREASURY MANAGER , HUAWEI

Debit prepaid rent and credit bank

SATHEESH CHANDRAN KUPPADAKATH
par SATHEESH CHANDRAN KUPPADAKATH , Accountant , Alamis Group Of Companies

Prepaid Rent      Dr

Cash/Bank         Cr

(Rent paid in Advance)

Hafiz Muhammad Irfan Hashmi
par Hafiz Muhammad Irfan Hashmi , SAP-FICO Support Assistant , Islamabad Electric Supply Co

Prepaid Rent Account ( Dr)

    To Cash/ Bank Account (Cr)

Rasheed.P.P koolikoth
par Rasheed.P.P koolikoth , Accountant , Greens Supermarket

Prepaid Rent...........Dr

    TO Cash/Bank

Gooden Addman Gumbo
par Gooden Addman Gumbo , PROCUREMENT ADMINISTRATOR , Raha International School

In the current period:

Dr Prepaid Rent 

Cr Bank

Thereby creating an asset.

 

In the following period:

Dr Rent

Cr Prepaid Rent

Thereby consuming the asset and incurring an expense against our bank account.

KAMALUDEEN SHAMSUDEEN
par KAMALUDEEN SHAMSUDEEN , Assistant Manager , Transorion Logistics Service Pvt Ltd

Prepaid rent a/c Dr          (Representative personal account)

To Bank / Cash a/c Cr      (Real Account)

(Being XXX month rent paid in advance)

 

Rules for Personal account:

Debit the receiver 

Credit the giver 

 

Rules for Real Account:

(Debit what comes in)

(Credit what goes out)

Prepaid Rent A/c DR

To Cash/Bank A/c CR

(For Current period)

On consumption of same

Rent A/C dr

To Prepaid rent A/C Cr

Hamid  ali
par Hamid ali , Accountant , western international group

PREPAID RENT A/C DR          CASH OR BANK CR 

Nofeel  ilyas
par Nofeel ilyas , Business Development Officer , BDO) in Khushhali Bank limited

advance rent paid for building is our prepaid expenses its underlying assets up to not consumed once the assests has consumed its consder as a expenses

More Questions Like This

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?