Journal entry of Rent of the showroom paid from the personal bank account of the proprietor rs.21000
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Answered by
23
rent acc. dr. 21000
to additional capital account. 21000
being , rent paid from personal acc
☺️ hope it is helpful to u
saransh952:
bank a/c. dr. 21000 , to rent a/c cr.21000
this is not right
or right
it will be an additional capital becoz when ever a proprietor pay during the accounting year from his personal acc. then it is shown as additional acc. and if u show it as a bank acc than the rule of personal entity of business enterprise wil be disrespected ... .
ok
thanks
wlcm ..
right
Answered by
10
Hola !
Journal entry will be...
Rent A/C Dr 21000
To additional capital A/C 21000
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