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Shop rent paid from propreitor's personal bank account

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What is the journal entry when Shop Rent is paid from Proprietor's Personal Savings Bank Account??

Thanks is advance.........smiley

Replies (4)
Are you showing this account in books of account For proprietor there is no need to differentiate business account and personal account
Originally posted by : CA SACHIN
Are you showing this account in books of account

For proprietor there is no need to differentiate business account and personal account

What will be the entry in the accounts book of the business ...

Rent a/c dr to bank
Rent A/c dr. To capital A/c


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