Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why Prepaid rent is treated as Personal Account?

Answer Posted / raghuvstar@gmail.com

Why because we will account in the Owner name.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is a corporate chart of accounts and its purpose?

1810


what are the limitations of accounting ratios?

1039


Why you want to change???

2179


Give ONE reason for Balance Sheet to be out of balance

2012


Explain me your current/former role, your responsibilities, and how success is/was measured?

1125


Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.

2029


what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?

2078


What is difference vat

2107


Define fictitious assets?

1251


What are a debit note and credit note with an example?

1053


the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled

1775


WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

2096


salary and rent entry with tds deduct

1707


Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

4011


Tell me what is the equation for acid-test ratio in accounting?

938