Entry of reimbursement in books
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2016
Dear Experts,
My company has reimbursed Rs. 13500 to one of the employee for travelling expenses. Please tell me what will be the accounting entry of reimbursement in the books of company,
Regard
Ramesh chandra
My company has reimbursed Rs. 13500 to one of the employee for travelling expenses. Please tell me what will be the accounting entry of reimbursement in the books of company,
Regard
Ramesh chandra
07 October 2016
Staff Welfare Dr.
To cash or cheque.
To cash or cheque.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2016
Sir how travelling reimbursement can be booked in staff welfare whereas the expenditure was incurred for travelling by employee
07 October 2016
At the time of reimbursement:-
Travelling Expenses a/c Dr
To Cash or Bank a/c
(Being Travelling Expenses reimbursed to the Mr. X employee of the company.)
Travelling Expenses a/c Dr
To Cash or Bank a/c
(Being Travelling Expenses reimbursed to the Mr. X employee of the company.)
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