In rent received in advance, why rent A/c is debited and Advance rent A/c is credited?
(i)First of all , if we are receiving rent from someone, it is also our income/revenue and and advance rent is also our income/revenue.
What is war bond?Accounting treatment in accounting and equation and journal :
were 10 war bonds of 100 each were purchased at rs 95 each and paid for them via cheque.
In rent received in advance, why rent A/c is debited and Advance rent A/c is credited?
(i)First of all , if we are receiving rent from someone, it is also our income/revenue and and advance rent is also our income/revenue.
What is war bond?Accounting treatment in accounting and equation and journal :
were 10 war bonds of 100 each were purchased at rs 95 each and paid for them via cheque.
please provide me some extra questions of 1.CASH BOOK
2.JOURNAL
3.LEDGER POSTING(TILL POSTING FROM CASH BOOK)