Hotel stay at hyderabad

hotel stay 2 days at hyderabad by owner how to pass entry in her personal books
Replies (4)
Quick Summary
This discussion addresses how to account for a two-day hotel stay in Hyderabad. Initially, it suggests booking it as a travel and entertainment expense. However, another perspective argues that if the trip is personal, it should be debited to the Capital account. A more critical view dismisses the trip as a 'bad deal' and suggests treating the hotel stay as a general business expense rather than entertainment due to tax implications.

The following entry can be made for the hotel stay for 2 days in Hyderabad:

Debit: Travel and Entertainment Expenses Account 
Credit: Cash/Bank Account 

Thanks for timely reply
If it' is personal nature then you can debit to Capital account

Travelling to hyderabad or Bangalore itself is a bad deal because they are like uneducated. On top of that, you stayed in a hotel. And on top of that, you have asked for entries which is a shameless thing. It cant be entertainmnet expenses because tax is the highest on it. So it must be a business expense like other expense.

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