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Water expenses- how to pass entry?

Accounting Entries 45730 views 16 replies
Quick Summary
Drinking water purchases like cans are treated as staff welfare expenses under indirect expenses. Municipal water bills are recorded as utility expenses. Classification depends on usage, staff welfare, or general operations.

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Finance
4584 Points Posted on 28 February 2023

Indirect expenses 

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On 28 February 2023 at 08:05
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Finance
4584 Points Posted on 28 February 2023

Dr. Office supplies

Cr. Bank 

 

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On 28 February 2023 at 08:09


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