rent received explanation
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Answered by
1
Answer:
the money that you received as a rent
Answered by
3
AnSwEr:
rent received means rent is received by someone to the firm. then, the journal entry is:
rent a/c Dr
To cash a/c
(rent received)
if the statement is paid rent ,it means the firm or business organisation paid rent to other.then the journal entry is:
cash a/c Dr
To rent a/c
(paid rent)
hope this helps..
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