Accounting entry

we are giving daily basis small amounts to hijra and needy people from our shop amount how to taken into account
Replies (2)
Quick Summary
This discussion addresses how to account for small, daily cash amounts given to the needy from a shop's funds. It suggests recording these as donations. However, it highlights a crucial point: cash donations exceeding Rs. 2000 may not be permissible and could be treated as drawings or disallowed for tax purposes.

You can show it as donation to needy people
If more than Rs .2000 as cash , not allowed as donation , then its goes not drwaings account or disallowed ..

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details