What is the journal entry when Shop Rent is paid from Proprietor's Personal Savings Bank Account??
Thanks is advance.........
Menu
Shop rent paid from propreitor's personal bank account
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
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
