Accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2011
hwen rent is paid the following entry is passed.
rent ac.....dr
to cash
as per modern approach when expense increase it should be debited.But here actually expense is declining.why it is not credited
rent ac.....dr
to cash
as per modern approach when expense increase it should be debited.But here actually expense is declining.why it is not credited
18 August 2011
when you incurr any expense, you expense account increases or decrecreases??
whether modern or traditional approach fundamental concept remains same.
Either you question is incorrect or your interpretaion. something is wrong.
whether modern or traditional approach fundamental concept remains same.
Either you question is incorrect or your interpretaion. something is wrong.
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