Expenses paid
This query is : Resolved
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
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
24 March 2024
Account the bill in vendor's ledger and collect payment.
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
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- Refund of accumulated ITC - Reg.
- TCS ON SCRAP SALE..
- CSR activities ITC
- RELATED TO ITR OF POLITICAL PARTY
- Charity work ISD
- Goodwill treatment
- Debit note in Gst
- Rejection of the application for the registration of a society in Andhra Pradesh state
- Eway bill INWARD SUPPLY
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
