Rent paid out of your personal cash 3000 SAR

Answer Posted / junaidi

He is giving cash from his personal money

Cash A/C dr
to Person(Loan) A/C

now company have that cash so company can pay it,so entry would b

Rent a/c dr
to cash a/c

Is This Answer Correct ?    0 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Ledger Enteries

1954


What is creative accounting?

784


Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx

2393


Tell us do you possess any knowledge about accounting standards?

740


what do you mean by Firm

1262






Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

1802


SHADOW BALANCE SHEET

13055


dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

1621


how to finalised the Balance sheet & profit & loss A/C

1927


we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

1706


how to deduct tds on income from other sources with examples

1721


What is the definition of offset accounting?

726


what is the difference between accounting and bookkeeping?

698


X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800

2973


What are accounting entities?

705