banner_ad

HOW TO PASS RENT RECEIVABLE ENTRY JV

533 views 7 replies

WE PAID 25000/- RENT ON THE BEHLF OF COMPANY PARTNER , IN OUR BOOK OF ACCOUNT , WE HAVE TO BOOK THE ENTRY IN JV , CAN YOU PLZ ADVISE HOW TO PASS PARTNER RENT RECEIVABLE ENTRY

Replies (7)
As per Your query, You paid rent behalf of partner.
Then Why you want to enter it...??

Can You give reason...???
Give reason, then You can get exact reply from members...

Depends on the partnership agreement. If the rent is payable by the firm entry is simple. If the agreement is silent rent paid on behalf of a partner with the permission of all partners is to be treated as drawings 

Originally posted by : RAJA P M
opening quote As per Your query, You paid rent behalf of partner.Then Why you want to enter it...??Can You give reason...???Give reason, then You can get exact reply from members...  

sir

we are paying rent on the behalf of partner  every month , as per company policy , i  have to pass rent entry and book the receivable entry against rent , can you please advise 

 

In your Cash./bank book the entry follows. 

 

partners drawing account debit

bank account credit 

Originally posted by : Tanveer Ahmed gd
opening quote


Originally posted by : RAJA P M



As per Your query, You paid rent behalf of partner.Then Why you want to enter it...??Can You give reason...???Give reason, then You can get exact reply from members...
 




sir

we are paying rent on the behalf of partner  every month , as per company policy , i  have to pass rent entry and book the receivable entry against rent , can you please advise 

 
closing quote

Can You please show me the entries 

Originally posted by : Rama chary Rachakonda
opening quote In your Cash./bank book the entry follows. 

 

partners drawing account debit

bank account credit 
closing quote

Querist asking PROVISION ENRTY...

 

SO, PLEASE PROVIDE THE REQUIRED ENTRY...ASAP

If we paid rent of the half of other later we have to receive money from them , what will be the entry


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details