Gift to Employees of Companies
This query is : Resolved
25 February 2020
Dear Sir,
From our Company we are paying 25000 amt to one of our Employee as a gift to his marriage. How to pass entry for this ?
Thanks
Bharath
From our Company we are paying 25000 amt to one of our Employee as a gift to his marriage. How to pass entry for this ?
Thanks
Bharath
Amol S Joglekar
(Expert)
25 February 2020
debit gift and donations
credit bank/cash (as the case may be)
credit bank/cash (as the case may be)
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