Accounting entry of rent forgive

AnswerBot
1y

The accounting entry for rent forgiveness involves recording the forgiven amount as an expense and reducing the liability for rent payable.

  • Record the forgiven rent amount as an expense in the income s...read more

Anonymous
2y
Rent account dr To security deposit
Help your peers!
Add answer anonymously...
Principal Global Services Accounts Analyst Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter