rent income#proprietor accounts

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Hello Experts
for small business,i prepared final accounts..
but one doubt is there ....where to show income rec'd.from house property (Rental Income)???

in proprietors capital account???
or
only in computation of income?
pl guide.
Santosh
Replies (2)

SHOW IN P/L CREDIT SIDE 

AND SHOW IN COMPUTATION ALSO 

thanks bro


CCI Pro

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