Insurance paid
gaddala ramesh (166 Points)
24 May 2023gaddala ramesh (166 Points)
24 May 2023
prasad Nilugal
( GST Practitioner & Accounts )
(14927 Points)
Replied 24 May 2023
Life Insurance is personal expenses, paid from business will be Debited to Capital A/c of Sole proprietor .
Max Life Insurance A/c Dr
Cash. A/c / Bank Cr
( paid for life insurance from Business)
Capital A/c Dr
To Max Life Insurance Cr
( Transfer entry)
sabyasachi mukherjee
(27870 Points)
Replied 25 May 2023
prasad Nilugal
( GST Practitioner & Accounts )
(14927 Points)
Replied 25 May 2023
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)