Business Studies, asked by harshitakatoch0, 10 months ago

rent received rs.1,000

Answers

Answered by ranoorao67

Answer:

Normally the rent is being received in advance only. Rent received is a direct income for a business firm whose business is just to give the assets on rental basis only. For others, it is an indirect income. Rent received is shown in income side of profit and loss account.

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