Rent security journal entry
Amit (Accounts ) (526 Points)
30 October 2020&
what will be entry when we receive back rent security
what is head of buliding owner
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 30 October 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14599 Points)
Replied 30 October 2020
When you pay security Deposit entry will be
Security Deposit A/c Dr
To Bank A/c Cr
( Security Deposit paid for rental Home )
Security Deposit Account under head Current -Asset
When you receive back entry will be
Bank A/c Dr
To Security Deposit A/c Cr
( Security Deposit received )
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)