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Journal Entries

This query is : Resolved 
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(Querist)
11 May 2010 A man taken a room monthly rent basis Rs.10000 p.m . First time deposit a lump sum money Rs.50000 for security deposit.
At the time of payment Security deposit money adjusted with rent. i,e Rs.5000 normal rent and Rs.5000 is deduct from Security deposit Money.
What is the journal put in journal Book of this type of entry.
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Rahul Gupta

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Rahul Gupta (Expert)
11 May 2010 Journal Entry willbe >
Rent A/c 10,000....Dr
To Cash/Bank 5,000..Cr.
To Rent Deposit A/c 5,000..Cr.
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Sutanu Biswas

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Sutanu Biswas (Querist)
11 May 2010 Ok thank you
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