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Rams due of Rs 32500/- was settled thru adjustment of
security deposit Rs 12000/-and the balance in cash.pass
necessary entry
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Answer Posted / subramanyam
Hi All
we received security deposit from out customer 18000/-
every month raising the invoice and send to the customer he
clear the invoice through cheque/cash. the agreement is
expiry so we paid security deposit to customer 18000/ but we
did not received the rent in last month .
how to make entry of security deposit adjusted in rent .
please send the correct entry.
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