what would be journal entry for rent security deposit with owner
&
what will be entry when we receive back rent security
what is head of buliding owner
Ledger Name : Rental Advance (current assets).
For payment -
Rental Advance - Rs. 100
To Bank Account - Rs. 100...
For receipts -
Rental Advance - Rs. 100
By Bank Account - Rs. 100
CAclubindia
