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What entry should be made if we pay advance rental using postdated cheques?

What entry should be made if we pay advance rental using postdated cheques?

A memorandum entry. Meaning just note you have cheques outside the company.
I think it is a bit of a trick question. Prepaid rent is where you actually pay ahead. So providing post dated cheques is not really paying.
If you actually prepaid rent.....
Debit Prepaid Rent (an asset), credit cash.
When the rent is actually due, Credit Prepaid Rent, Debit Rent Expense.

jan rent

If the expense falls into 2007 and the checks are postdated 2008 than you have to accrue the expenses.

entry into where if you pay advance rental it is in the future, if you use post dated cheque then you enter it in when presented to bank then that will not be future it will be current.

Enter the cheques in the cashbook so the cashbook balance is correct. (They are outstanding cheques even if they are postdated).
When preparing the accounts, because the rent a/c now includes these, treat them as payments in advance to the extent that the rent is prepaid.

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