Journal entry


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 December 2016 What would be the journal entries for expenses incurred on hotels and lodging for bank branch audit which is reimbursed?

20 December 2016 Hotel & boarding Dr xxx
To cash/Bank

U must mention the details of reimbursement in narration.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 December 2016 would the ledger "hotel and boarding" be in revenue expense nature? or should it be entered as advances?

20 December 2016 Revenue

Niraj Nirala (Querist)
20 December 2016 let's take an example "we as a firm paid hotel bills for rs 10000 from bank account on 25.03.16, for petrol 2000 in cash on 10.04.16 some other exp rs 1000 also in cash on 12.04.16 dates. And now raised a bill on 15.04.16 to the client totalling all these rs 13000. It was reimbursed by him on 30.06.16. Please tell me the journal entries.

02 August 2024 https://docs.google.com/document/d/1xel27Su64qzxRLWjp5gMMmaldJvHOOSrxUK34BZuDjg/edit?usp=sharing


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