Cpt question 2012

1038 views 3 replies

Proprietor used a rented building both for
business purpose and as well as residence
equally. The rent paid during the year for the
building was Rs.1,32,000 debited to rent
expenses A/c in the books of business. One
month rent is still outstanding. Liability of the
business for rent outstanding

 

Given Rent paid for one year for both business and residence and also given one month rent outstanding

therefore 132000/11=11000.

11000/2=5500

but answer is 6000 why ?

Replies (3)
Yaa 6000 is correct because 132000/11--6000
Yaa 6000 is correct because 132000/11 ;-12000
Originally posted by : akash gupta
Yaa 6000 is correct because 132000/11--6000

but given rent paid for the year 1,32,000

and one month rent is outatanding .so 

132000/12=11000/2 =5500 for one month .why this is wrong?

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details