Easy Office

Accounting entry

Page no : 2

Rno (Accountant) (71 Points)
Replied 09 December 2015

only travel exp comes in conveyance. it we take rent house and other expense relates to project, in which head we must post???




(Guest)

any expenses u incur which are directly related to the project can be capitalised (debit the project a/c if its an asset)

if the project is not resulting an asset but only an expense, u can debit project expense a/c and write a not specifying the type of expense (rent, travelling etc)



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