Please do let me know how to pass the entry for the rent
invoice recd. from business centre (for eg. total amt. is
39941/-)includes rent is 35000/-, telephone chgs: 82.80/-
,Stationary 15/-, Pantry chgs. 450/- and service chg
4393.71/- .
Answer Posted / bharat
rent,telephone chgs,stationary,pantry chgs,service chg are
the debited and total amt is credited.
Is This Answer Correct ? | 3 Yes | 1 No |
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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
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