rent received ₹1000
adjustment:-
rent of the property is ₹150 per month and building is used by tenant for 12 months
show the accounting treatment in financial statements of 2017-2018
adjustment:-
rent of the property is ₹150 per month and building is used by tenant for 12 months
show the accounting treatment in financial statements of 2017-2018
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total rent- ₹150 × 12 = ₹1800
rent received-₹1000
left amount-₹1800 - ₹1000 = ₹800
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Answer:
rent received is 1800
Explanation:
rent recived-1000-1800=800