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Expense of party

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1359 Points Posted on 30 December 2021
expense of party on the occasion of completion of 10yr of firm is recorded in which account and what is the title name for it
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On 30 December 2021 at 16:44 Report
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Company Secretary
7085 Points Posted on 30 December 2021
Record Under Miscellaneous Expenses
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On 30 December 2021 at 18:23
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1359 Points Posted on 30 December 2021
But miscellaneous expenses carry all those expenses which are smaller in amount and party expense is a large expense
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On 30 December 2021 at 18:51
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Company Secretary
7085 Points Posted on 30 December 2021
If the amt is bigger u can also charged under Staff and Welfare Expenses head
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On 30 December 2021 at 19:32
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1359 Points Posted on 30 December 2021
What if this party is for all staff, owner and customer/client under which head it will be recorded ??
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On 30 December 2021 at 22:13
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Company Secretary
7085 Points Posted on 31 December 2021
If the amount is bigger charge it under business expense head.
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On 31 December 2021 at 00:27


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