Why Prepaid rent is treated as Personal Account?
Why because we will account in the Owner name.
| Is This Answer Correct ? | 1 Yes | 0 No |
How do I record a prior year property tax refund on sale of asset due to overvaluation
What is tally accounting?
what is addition of Opening Balance and net profit transfered from profit and loss account called?
how to calculate PF how to calculate esi
What is an over accrual?
what is the difference between debtors & bills recievable?
CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000 THE CHEQUE DISSONORED WHAT ENTERY THIS TRANSACTION
Is accounts payable and bills payable the same?and B/R & A/R the same ?
What are the four classifications of bad and doubtful debts as per the context of the bank?
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
Whether Goods receipt is an Asset or liability?
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?