What is the journal entry when Shop Rent is paid from Proprietor's Personal Savings Bank Account??
Thanks is advance.........
Gaurav Gupta (CA Final Student) (33 Points)
22 July 2015What is the journal entry when Shop Rent is paid from Proprietor's Personal Savings Bank Account??
Thanks is advance.........
CA SACHIN
(practice)
(115 Points)
Replied 22 July 2015
Gaurav Gupta
(CA Final Student)
(33 Points)
Replied 23 July 2015
Originally posted by : CA SACHIN | ||
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Are you showing this account in books of account For proprietor there is no need to differentiate business account and personal account |
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What will be the entry in the accounts book of the business ...
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