rent received rs.1,000
Answers
Answered by
0
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.
Similar questions
English,
5 months ago
Math,
5 months ago
Hindi,
9 months ago
Physics,
11 months ago
Social Sciences,
11 months ago