related to pvt ltd co.
This query is : Resolved
15 April 2009
if any pvt ltd co. paid for petrol of motorcar(ownership of co.) which used by director.
whether it should be debited to repair & maintenance of motorcar a/c or convyance a/c.
whether it should be debited to repair & maintenance of motorcar a/c or convyance a/c.
15 April 2009
Generally it is debited to "Vehicle Running and Maintenance Account", which cover both the heads you mentioned.
16 April 2009
Mr Tarun is Right.
21 April 2009
running and maintenance a/c
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