banner_ad

Travelling expenses

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 March 2019 Travelling expenses accounting Entry
Query
If one Company's Director is also partner in another firm.

Another Partner's have travel for business purpose & payment was done by director on behalf of another partner's. Payment done through credit card (credit card register with Director company Accounts)

What entry pass in Director's company account & Partner's firm books of accounts.
Profile Image

Shashikant Varshney

Profile Image

Shashikant Varshney (Expert)
29 March 2019 Company's Account.
Book as payment to director for personal Expenses. Reduce from his current account or Salary payment.
Partnership's Account
Book as travelling expenses, paid by partner and increase the capital account/current account of the partner (director)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details