accounting entries

hi

 

can any person tell how to pass journal entries for private limited company.

entries for reimbursement like medical reimbursement, petrol,telephone and internet.

how to pass this entries

 

surya

Replies (1)

SInce expenses like petrol, medical reimbursement etc are all part of an employee's salary, you'll have to debit the salary a/c and credit the bank a/c.

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