rent receivable is ₹1000 in adjustment of final account .... and in box the rent is ₹9000 ... please someone tell the treatment of this
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Answer:
It will be added to the book value of related consent as it is due amount.
Explanation:
Whenever a outstanding amount is given in the adjustment side then you need to add it to the related item either it's a dr. item or cr. item.
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