rent to partner
This query is : Resolved
05 November 2009
Dear Sir,
Pls suggest if a comapny is giving rent to his one of partner as rent on Land & Build., whether it should be only shown in capital a/c or it should also reflact in P & L a/c as expense.
Thanks
Pls suggest if a comapny is giving rent to his one of partner as rent on Land & Build., whether it should be only shown in capital a/c or it should also reflact in P & L a/c as expense.
Thanks
Guest
Guest
(Expert)
09 November 2009
One can Show as an expense.
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