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Hi,
Please help me out on Which Account i have to debit the Hotel Booking charges for the Directors of the comapany
many headds are avbl.... like travel & tours expences,, non-operating exp... etc..
Booking of the Directors Travelling & Hotel booking should be done in Travelling A/c as the director od the company is treated as the other employees...........
It should be booked in T&L expense account (travel & living).
As far as I know, it will fall inder travel expenses.
Travel expenses
It should be entered in Travelling Exp..
If it is a domestic travel then Traveling Expenses
If Foreign travel then Foreign Travel Expenses.
If it is for Directors personal account, it will be in his personal a/c as otherwise it would be disallowed.
If the booking is made for business purpose debit the entiire amount under the head Travelling Exp.
If the same is for the peresonal expenditure of the directors, then the same should be debited to directors a/c.
Hi
I want to know under which head the following exp should be booked???
I want to know if I purchase plastics for terrace to save building roof than which account head expense debuted
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