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If we give a room on rent and we have creditors to that person of last 4 months..what entry we will do for show last four months rent?

Hospitality
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Question added by dinesh sharma
Date Posted: 2016/03/16
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Amjath Ali
by Amjath Ali , Accounts And Audit Associate , Malabar food products Fruitomans Company

rent a/c dr

   landlord a/c

 

Madhusudan Ramesh
by Madhusudan Ramesh , Assistant Accountant – Accounts Payable , FEATHER LITE OFFICE SYSTEMS PVT.LTD

   this all comes  under   monthly  expenses 

  we should  pass the   entry  as 

rent  a/c  debit

 to concern  person  ( name  room   owner )  to credit 

 

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