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Lakshy (Semi-Qualified C.A. PGDFM BCom.)     27 May 2017

Head of expenses

Dear Friends,

We are paying to our office staff for his petrol expenses for the purpose of travelling for office purpose but the scooter is of his own. Pls let me know in which ledger hed such petrol expense to be debited ?

 5 Replies

CA Rashmi Gandhi

CA Rashmi Gandhi (Chartered Accountant)     27 May 2017

Debit in Petrol or Fuel Exp A/c
1 Like

Lakshy (Semi-Qualified C.A. PGDFM BCom.)     27 May 2017

Thank you Rashmi

1 Like
Rohit sharma

Rohit sharma (accountant executive)     28 May 2017

conveyance expenses A/c
Register Experts

Register Experts (CA)     30 May 2017

Debit in Petrol or Fuel Exp A/c 

Sagar Devani

Sagar Devani (Corporate and International Taxation)     31 May 2017

Logically you are reimbursing the expense incured by the employee. So its supposed to be debited in employee reimbursement account

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