Tally Ledger Head
This query is : Open
19 July 2021
Respected Members,
Kindly solve my below confusion, please.
Event 1: One employee regularly spends his own money on office expenses and other purchases for the site. He has submitted bills but will collect money from me(Accountant) partially.
Event 2: Another employee takes money from me(accountant) in advance regularly for the expenses and settles the bills partially.
Can I create their ledgert under Current assets or Current liability?
Kindly help me
Kindly solve my below confusion, please.
Event 1: One employee regularly spends his own money on office expenses and other purchases for the site. He has submitted bills but will collect money from me(Accountant) partially.
Event 2: Another employee takes money from me(accountant) in advance regularly for the expenses and settles the bills partially.
Can I create their ledgert under Current assets or Current liability?
Kindly help me
20 July 2021
1. Shown in current liability
2. Shown in current assets.
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