A not-for-profit organization pays rent for the building at Rs. 1,000 per month. However, the rent for the last two months has not been paid. What will be the amount shown in the receipt & payment account and income & expenditure account, respectively?
1
Rs. 12,000 in both the receipt & payment account and income & expenditure account
2
Rs. 10,000 in both the receipt & payment account and income & expenditure account
3
Rs. 12,000 in the receipt & payment account; Rs. 10,000 in the income & expenditure account
4
Rs. 10,000 in the receipt & payment account; Rs. 12,000 in the income & expenditure account
5
None of the above