Travel expenses

253 views 2 replies

My director, who is also an employee of the company goes to gulf countries for business purposes. Now, he uses the company credit, debit and his personal cards for expenses there, like lodging,food extra. What will be the accounting treatment for expenses done from 1. Company debit card? 2. Company Credit card? 3. His personal card.

He wants to to show expenses done from his personal card has loan from company. Is it correctt treatent?

Replies (2)
1st and 2nd case, those expenses are directly reflected in company's bank statement.
in the last case director incurred expenditure with his personal money. so company has to reimburse that amount.

thanks

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details