DEAR SIR/MADAM,
RENT SECURITY DEPOSIT BY CASH FOR RS. 50000 & ADJUSTMENT FROM SECURITY DEPOSIT FOR RENT 2 MONTHS(MAY & JUNE 2015, 15000*2=30,000) & BALANCE AMOUNT 20,000INR RECEIVED BY BANK A/C.
WHEN PAID FOR SECURITY DEPOSIT.
DR. RENT SECURITY DEPOSIT A/C - 50,000
TO CASH A/C
WHEN ADJUSTMENT FROM RENT SECURITY DEPOSIT FOR RENT 2MONTHS(MAY & JUNE 2015, 15000*2=30,000) & BALANCE AMOUNT 20,000INR RECEIVED BY BANK A/C.
TO RENT SECURITY DEPOSIT - 50,000
DR. RENT M/O MAY 2015 - 15,000
DR. RENT M/O JUNE 2015 - 15,000
DR. BANK A/C - 20,000
IS ENTRY CORRECT? IF YES THEN, WILL BE ENTRY FOR RECEIPT VOUCHER OR JOURNAL VOUCHER?
IF NO, THEN WHAT WILL BE ENTRY?
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