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Expense of party

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1359 Points Joined October 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 Joined March 2014
Record Under Miscellaneous Expenses
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On 30 December 2021 at 18:23
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1359 Points Joined October 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 Joined March 2014
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 Joined October 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 Joined March 2014
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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