Journal entry for rent paid/due?

The journal entry in the month of March follows.

Rent a/c Dr

To Rent payable a/c

The journal in the month of April,follows

Rent payable a/c Dr

To bank a/c

Originally posted by : Rama chary
	The journal entry in the month of March follows. Rent a/c Dr To Rent payable a/c The journal in the month of April,follows Rent payable a/c Dr To bank a/c

But how director will show this transaction in his book? Should UI credit Director's account and debit rent A/c?

1. Payable entry

   Rent A/c ........dr

        To rent payable

2. Payment entry

   Rent Payable    dr

         to Cash/bank

Also check TDS provisions for directors and also mention it in tax audit schedule

sir if we have two co. abc and xyz what is the treatment of rent paid by one company on behalf of othar.what are the journal entries in the books of both companies

In bout the companies

Rent a/c.          Dr

  To.   Cash a/c.     

Is the entry for rent paid to any person or company

how to pass rent entry in gst ............................

JV- RENT A/C (INDIRECT EXP)

TO RENT PAYABLE (PROVISION)

PAYEMNT- RENT PAYABLE 

TO BANK/CASH

Rent Expanses Under Indirect Exp. 

Dr. Rent Exp. .......1000.00

Cr. Bank / Cash ......1000.00

For rent due

Rent A/c....dr     40,000

To landrord a/c          40,000

For payment of rent

Landlord a/c..dr        40,000

To Cash/Bank                     40,000

Journal entry for rent due is :

 Rent a/c Dr

      To Rent payable a/c

Journal entry for rent paid is:

Rent payable a/c Dr

               To bank a/c

 

What would be the journal entries for trading in futures and options?