Interested to Buy Any Domain ? << Click Here >> for more details...
paid landlord rs 1.200 for rent one -third of the premises is
occupied by proprietor for his own residnce
what will be the entry
- 3 Answers
- 18343 Views
- Chartered Accountant, I also Faced
- E-Mail Answers
Answer Posted / nagarjuna
RENT A/C Dr RS.800
DRAWINGS A/C DR RS.400
TOCASHA A/C Cr Rs. 1200
(Being 1/3 of rent paid for self occupation which will be
treated as his personal exp i.e drawings and balance paid for
his business where it is expenditure for the firm)
| Is This Answer Correct ? | 18 Yes | 3 No |
Post New Answer View All Answers
By saying, perpetual or periodic inventory system; what do we mean?
How to get C forms in online? Plz give me Processor Thanq
What is fitting and fixtures?
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
Explain some of the accrued expenses and the accounts in which you would record them?
how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE
What are premises in accounting sense? What is vat adjustment?
Under Accrual Accounting, How Are Worker Comp Premiums Handled?
What is entry of Dishonored cheque issued to supplier
Explain what is involved in the process of double-entry accounting?
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
Explain different branches of accounting?
what is ment by suspence account and dummy account
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
Why we debit expenses and credit incomes ?
