if cash paid for expense but we dont know the nature of exepense..then what will be the journal entry for this transaction.
and how we keep record of this transaction,and what will we do when we know the nature of acctual exepense
Menu
Journal entry
Replies (1)
- Treat it as advance to the person to whom it is paid and adjust later OR
- Keep it as suspense off the record
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
