Menu
Firm employed graphics/meme creators
a firm employed a graphic/meme creator for Marketing of the firm so the salary of this person is debited to salary a/c or marketing exp a/c ??
Replies (2)
Quick Summary
Salary A/c as he is 'employed'. It is an contract 'OF' services.
If the person was hired/ given a fee for his service, then you could have debited it to marketing expenses...as it would have been an contract 'FOR' services.
If the person was hired/ given a fee for his service, then you could have debited it to marketing expenses...as it would have been an contract 'FOR' services.
Ok thanks sir
Recent Topics :
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
Related Topics :
CAclubindia
