Expenses paid

This query is : Resolved

nadeem (Querist)
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23 March 2024 sir
if as a company we paid some exp. and bill issued in the name of company but these exp. should be born by a vendors co. of us so can i make a sales bill for that in the name of vendor co. ?
otherwise suggest the right treatment

RAJA P M

RAJA P M (Expert)
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24 March 2024 Account the bill in vendor's ledger and collect payment.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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15 August 2025 Sample Journal Entries
Date Particulars Debit Credit
xx/xx/2024 Expense (e.g., Freight Expense) ₹XX,XXX
To Payable to Vendor (Liability) ₹XX,XXX
Upon Reimbursement Payable to Vendor ₹XX,XXX
To Bank ₹XX,XXX

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