distribution of gift in diwali to employee & buyer!!
what's suitable expences head.


Answer Posted / anand soni (bcpl)

The expenses head should be Staff welfare for employye &
Business promotion for buyer.

Is This Answer Correct ?    14 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the entry for closing stock value reduction?

2101


What we have to post entry for payroll processing ? (Indian payroll)

2138


What is the formula for acid test ratio in accounting?

624


By saying, perpetual or periodic inventory system; what do we mean?

736


Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

2519






What action could be taken by you and your manager to improve your performance in your current position?

13203


Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

979


What are the elements of the accounting equation?

655


what is the accounting treatment in tally of free goods received with goods purchased.

6645


PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?

1489


Explain different branches of accounting?

748


what do you mean by Firm

1190


example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

1742


Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1062


What is an adjusting journal entry?

608