Reimbursement Entry
This query is : Resolved
14 April 2009
Hi
Pls resolve my query.
suppose a person provide production services to media company(Chargeable to S. TAx).
From the said company, the amount regarding expenses & Salary is received.
Now., Salary is ok
But how we pass entry in the books of the amount that not belong to him.
He incurs expenses on bribe & Others.
He then Gives the bills to said Co. who afterwards reimburse him the expenses incurred by him.
Pls resolve my query.
suppose a person provide production services to media company(Chargeable to S. TAx).
From the said company, the amount regarding expenses & Salary is received.
Now., Salary is ok
But how we pass entry in the books of the amount that not belong to him.
He incurs expenses on bribe & Others.
He then Gives the bills to said Co. who afterwards reimburse him the expenses incurred by him.
21 April 2009
answered
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