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For Labour Guest House Rent and Electricity Bill Charges under Which Accounts Head? Labour Welfare Expenses (or) Rent and Electricity Charge respectively?
Replies (3)
Quick Summary
Under Indirect Expense as
- RENT PAID (LABOUR ROOM)
- ELECTRICITY (LABOUR ROOM).
- RENT PAID (LABOUR ROOM)
- ELECTRICITY (LABOUR ROOM).
Not as Labour welfare expenses
In financial accounts..
electricity is generally debited to electricity..
rent under
debited to rent...
In cost accounts
it's an indirect overhead
so
debited to administrative overhead..
backup should be maintained...
electricity is generally debited to electricity..
rent under
debited to rent...
In cost accounts
it's an indirect overhead
so
debited to administrative overhead..
backup should be maintained...
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