Rent as per agreement 20,000/-
but received in Lockdown for 5 months 10,000/- per month what are the entries taken into books of accounts from both sides
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Rent During Lockdown
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| Originally posted by : Mahesh Kumar | ||
 |
Rent as per agreement 20,000/-but received in Lockdown for 5 months 10,000/- per month what are the entries taken into books of accounts from both sides |  |
Booked on the basis of Actual Receipt
I received 25000/- PM as salary in FY 2019-20 in form of cash,
can i show my salary as 29,000/-PM while filling IT return "Form 1"
can i show my salary as 29,000/-PM while filling IT return "Form 1"
In the books who paid the rent .
Rent. A/c Dr 10,000/-
To Bank A/c Cr. 10,000/-
( rent paid for the month .....)
In the books who received. rent
Bank A/c. Dr 10,000/-
To Rent received A/ c. Cr 10000/-
( Rent received for the month ......)
Rent. A/c Dr 10,000/-
To Bank A/c Cr. 10,000/-
( rent paid for the month .....)
In the books who received. rent
Bank A/c. Dr 10,000/-
To Rent received A/ c. Cr 10000/-
( Rent received for the month ......)
as mentioned in form 16
Rent Dr. 10,000 Bank Dr. 10,000
To Bank 10,000 & To Rent 10,000
Rent Dr. 10,000 Bank Dr. 10,000
To Bank 10,000 & To Rent 10,000
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