MCQOPTIONS
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| 1. |
Proprietor used a rentednbuilding both for business purpose and as wellnas residence equally. The rent paid duringnthe year for the building was Rs.1,32,000ndebited to rent expenses A/c in the books ofnbusiness. One month rent is still outstanding.nLiability of the business for rent outstandingn___ |
| A. | ) Rs.11,000 |
| B. | Rs.12,000 |
| C. | Rs.5,500 |
| D. | Rs.6,000 |
| Answer» E. | |