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Expenses incurred by company director

This query is : Resolved 

05 June 2023 fuel expense bill submitted by company director but pay later what is the journal entry and ledger create under which head : fuel exp. (indirect exp.) other ledger

05 June 2023 Fuel expenses, directors.

05 June 2023 Can i create director ledger under which account head

05 June 2023 No, main ledger fuel expenses sub ledger directors.

05 June 2023 what is the proper entry

05 June 2023 Fuel expenses debit
Director account credit.


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