When rent paid to arvind will arvind's name come in journal entry
Prasanth Kumar
CA Inter
★ 13K+
12-Jul-20 21:39
576
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
