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Hey, can anybody tell me that rent for premises should be written on which side of profit and loses A/C,Give the reason?
Most Upvoted Answer
Hey, can anybody tell me that rent for premises should be written on w...
Debit side as it is a expense.
But if it is written that rent for premises RECEIVED then should be on credit side.....
Community Answer
Hey, can anybody tell me that rent for premises should be written on w...
Dr. Side because it is an expense which always be dr.
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Hey, can anybody tell me that rent for premises should be written on which side of profit and loses A/C,Give the reason?
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Hey, can anybody tell me that rent for premises should be written on which side of profit and loses A/C,Give the reason? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Hey, can anybody tell me that rent for premises should be written on which side of profit and loses A/C,Give the reason? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Hey, can anybody tell me that rent for premises should be written on which side of profit and loses A/C,Give the reason?.
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