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Expense of party
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
Replies (5)
Record Under Miscellaneous Expenses
But miscellaneous expenses carry all those expenses which are smaller in amount and party expense is a large expense
If the amt is bigger u can also charged under Staff and Welfare Expenses head
What if this party is for all staff, owner and customer/client under which head it will be recorded ??
If the amount is bigger charge it under business expense head.
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