DEAR SIR/MADAM
WE PAID TO MR. X FOR RENT M/O JULY 2014 TO NOV. 2014, BUT DATED AS ON 7-12-2014, RENT INCREASED OF RS. 4000 FOR M/O JULY 2014 TO NOV. 2014 & CASH PAID TO MR. X FOR M/O JULY 2014 TO NOV. 2014 OF RS. 4000.
HOW TO ADJUST ENTRY?
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Rent adjustment
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Debit rent account and credit cash account. Write narration clearly
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