Sir
please guide if i received tour exp for marketing from company where to show in my individual accounts.
is it in credit side of profit and loss account as income?
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Reimbursement of tour exp
Replies (2)
Quick Summary
Credit side of income statement.
If it's just reimbursement of expenses incurred by you for company business purposes, than it's got nullified against actual expenses....
e.g. Company (reimbursement) A/c Dr.
To Cash/Bank A/c
(being expenses incurred on behalf of Company)
than, Cash/Bank A/c Dr.
To Company (reimbursement) A/c
(being reimbursement of expenses received)
e.g. Company (reimbursement) A/c Dr.
To Cash/Bank A/c
(being expenses incurred on behalf of Company)
than, Cash/Bank A/c Dr.
To Company (reimbursement) A/c
(being reimbursement of expenses received)
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