banner_ad

Rent Payable Entry but there one Fundamental Assumption

198 views 4 replies
User Avatar

F. Y. B.COM.
29 Points Posted on 05 August 2019
There are Mr.Husband and Mrs.wife both are Doctor, But Husband paid Hospital Rent to his Wife, What is the Entry recorded in the Books of Mr.Husband at the Year end and under which Fundamental Assumption???
Reply Share Follow
On 05 August 2019 at 20:17 Report
Replies (4)
User Avatar

17264 Points Posted on 05 August 2019
Entry be
Rent Dr. and Bank A/c Cr
101 Reply
On 05 August 2019 at 20:41
User Avatar

F. Y. B.COM.
29 Points Posted on 05 August 2019
But there is One thing that, Rent is Payable not Paid?
Reply
On 05 August 2019 at 20:42
User Avatar

17264 Points Posted on 05 August 2019
Do not raise similar query again and continue with one
101 Reply
On 05 August 2019 at 21:53
User Avatar

4 Points Posted on 05 August 2019
Entry would be Rent A/C Dr To Rent Payable A/C
Reply
On 05 August 2019 at 22:03


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

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 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details