Why Prepaid rent is treated as Personal Account?



Why Prepaid rent is treated as Personal Account?..

Answer / raghuvstar@gmail.com

Why because we will account in the Owner name.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what is rettification of error?

9 Answers   Genpact,


What is the journal and payment entry of P.F and E.S.I

21 Answers   ABC, Chartered Accountant, IBM, Kohinoor,


In which we will use Annuity depreciation method?

1 Answers  


What are FCCB and IDR?

1 Answers   JPMorgan Chase,


What is difference betwwn cheque & DD

2 Answers  






What is the difference between Issue & Sell / sale?

3 Answers  


variable cost are fixed: 1) for a period 2) per unit 3) depend upon the entity 4) for a particular process of production

2 Answers  


Golden Words Of Accounting?

3 Answers   UTC,


What are the different branches of accounting?

0 Answers  


What is Journal Entry of Depreciation ?

11 Answers  


Difference between expenditure and expense?

6 Answers   Bhel, Shriram,


Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?

3 Answers  


Categories