Partnership firm - queries

This query is : Resolved

Share Report Follow Query Ask a Query

Prasad Bhandari

Prasad Bhandari (Querist)
Follow

07 June 2017 Which expenses are to be taken in partnership firm or which not ???

CA Gurmeet Singh

CA Gurmeet Singh (Expert)
Follow

07 June 2017 You can take following expense-
1. Bank Charges
2. Depreciation
3. Interest to partners upto 12%
4. Newspaper & Books
5. Other interest
6. Telephone Expense
7. Festival expenses
8. Postage Teleg.
9. Membership & Subscrition
10. Printing & Stationery
11. Rent Office
12. Cpc Expense/ Office Exp
13. Donation
14. Freight & Labour
15. Staff Food/welfare
16. Insurance
17. Office Expenses
18. Repair & Maintenance
19. Software Exp.
20 Salary
21 Travelling Boarding Lodging
22. Water & Electricity
23 Advertising
24 Professional Charges
25 Salary to Partners

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok