tadiwanasheblessingc tadiwanasheblessingc

27-02-2022
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contestada

received rent is recorded on which side

Respuesta :

keiranate009 keiranate009

27-02-2022

Answer:

It is shown on the credit side of an income statement (profit and loss account).

Explanation:

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joshua442k joshua442k

27-02-2022

Answer:

Accounting Treatment for Rent ReceivedStep 2 – Transferring receipt of rental income to the income statement (profit and loss account). It is shown on the credit side of an income statement (profit and loss account).

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