Show the accounting equation on the basis of following transaction:
Rent due to landlord Mr. Dikshansh 12000
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Answer:
less 12000 from capital & make a new heading in lia. ( ie. o/s rent). show the 12000 in this head. Your eq. will be bal. then
hope it helps
sahilpreet6601:
But why it become o/s rent
Rent due to means
Hlo ans me
due means it is occurred
Sorry sir/mam clear this ans.
and in your que
it is not mentioned about payment
that's why rent is o/s
rent is due only but not paid
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