I am doing audit of one company.
While going through the ledger of Insurance expense, i found out entries of mediclaim paid to directors family.
I want to know, whether the above is a personal expense or a business expense?
I am doing audit of one company.
While going through the ledger of Insurance expense, i found out entries of mediclaim paid to directors family.
I want to know, whether the above is a personal expense or a business expense?
As per my opinion is a personal exp.
i m agree with rachit
thanks rachit
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