
Question No 25 Chapter No 5
Expenses/Income of Past, Present and Future
25. Journalese the following transactions in the books of Shaweta :
| 2018 | |
| Apr. 1 | Rent paid Rs 6,000 |
| Apr. 2 | Rent due but not paid Rs 7,000 |
| Apr. 3 | Rent received Rs 8,000 |
| Apr. 4 | Rent due but not received Rs 9,000 |
| Apr. 5 | Rent paid for the next year Rs 10,000 |
| Apr. 6 | Rent paid for the last year Rs 11,000 |
| Apr. 7 | Rent received for the next year Rs 12,000 |
| Apr. 8 | Rent received for the last year Rs 13,000 |
In the Books of Shaweta
| Date | Particulars |
L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2017 | |||||
| Apr.1 | Rent A/c | Dr. | 6,000 | ||
| To Cash A/c | 6,000 | ||||
| (Being Rent paid in cash.) | |||||
| Apr.2 | Rent A/c | Dr. | 7,000 | ||
| To Outstanding Rent A/c | 7,000 | ||||
| (Being rent due but not paid) | |||||
| Apr.3 | Cash A/c | Dr. | 8,000 | ||
| To Rent received A/c | 8,000 | ||||
| (Being rent received) | |||||
| Apr.4 | Accrued Rent A/c | Dr. | 9,000 | ||
| To Rent received A/c | 9,000 | ||||
| (Being Rent dur but not received) | |||||
| Apr.5 | Rent prepaid A/c | Dr. | 10,000 | ||
| To Cash A/c | 10,000 | ||||
| (Being rent paid in advance) | |||||
| Apr.6 | Rent outstanding A/c | Dr. | 11,000 | ||
| To Cash A/c | 11,000 | ||||
| (Being last year’s rent paid.) | |||||
| Apr.7 | Cash A/c | Dr. | 12,000 | ||
| To rent received in advance A/c | 12,000 | ||||
| (Being rent received in advance.) | |||||
| Apr.8 | Cash A/c | Dr. | 13,000 | ||
| To Rent Accrued A/c | 13,000 | ||||
| (Being rent of last year received.) | |||||
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Chapter No. 18 - Financial Statements - (With Adjustments)
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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