Accounting for rent advance
This query is : Resolved
11 September 2012
Dear sir
how to record the advance Rent of 10 months. which will be paid my a donar as donations. which shopuld be repaid to the donar at the time of vacating the house. can u pls help in this regard,
regards
harish
Articles
how to record the advance Rent of 10 months. which will be paid my a donar as donations. which shopuld be repaid to the donar at the time of vacating the house. can u pls help in this regard,
regards
harish
Articles
Guest
Guest
(Expert)
19 September 2012
The amount paid by trust should be classified as Deposit under group Deposit, Loans & advances.
The amount paid by donor to trust should be classified as Deposit under Current liabilities.
The amount paid by donor to trust should be classified as Deposit under Current liabilities.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- 18% Rent a cab
- TDS Return Statement Status
- Appointment of Auditor By Form ADT-1
- Rectification under processing even after 6 months cpc portal
- Capital gain on commercial property and investment in residential property
- ARCA LOGIN
- RCM and same line
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
