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company A is parental company of company B.if company A
pays rent for company B to landlord,What will be the
journal entry recorded in the books of company A and
company B?
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Answer Posted / kanika
if rent is due
in Book of A
Rent a/c dr.
to b a/c
in book of B
A a/c dr.
to rent a/c
if rent is paid
in book of a
rent a/c dr.
to cash a/c
in book of B
cash a/c dr.
to rent a/c
| Is This Answer Correct ? | 3 Yes | 7 No |
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