English, asked by asgharzaidi0014, 7 months ago

Rent paid to a partner by the firm is a​

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Answered by praseenasasi
2

Answer:

Rent paid to partner for using his premises is an expense for the firm, therefore, the amount of rent is debited to Profit & Loss Account as an expense or charge against profits. The amount is paid to Partner so Partners Capital Account is to be credited.

Answered by challapushpalatha0
0

Answer:

u see in pic

Explanation:

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