Cash transaction account head

186 views 2 replies
Sir,
With reference to the above please advise we have given cash to a officer as a bribe, which account head we entry this transaction
Replies (2)
Ohh God...

It's not legal...
So, It's not possible to account in books...


Also it's open forum, not good to discuss in .....
Do not book as miscellaneous expenses or promotional expenses it's generally audited.
Better to show as office overhead over a period of few days depending upon the credibility.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register