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When rent paid to arvind will arvind's name come in journal entry

Prasanth kumar Kamisetty

CA Inter

★ 12K+

12-Jul-20 21:39

339

Answers (1)

Yes, if there is a separate creditor account in his name, amount will be first credited to "Arvind A/c" while booking expense but if there is no creditor account with that name in the books of account, then Rent Payable A/c will be credited

Sudha Reddy

CA Final

★ 20K+

12-Jul-20 23:36

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