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Expense Head

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(Querist)
07 January 2010 Expense of Courier to send Annual Reports to Shareholders should be debited to which Account?
Courier Charges A/C or Shareholders' Expenses A/C ?
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Sudhindra

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Sudhindra (Expert)
07 January 2010 Expenses paid towards courier charges for sending annual reports would be within the ambit of courier charges in the normal course of business, just because the annual reports are distributed does not change the nature of expenses, hence it would be debited to the normal business charge of "courier charges"
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 January 2010 It is courier charges only
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