If i paid cash to my merchandiser(employee) in his imprest
account.& if he is not able to arrange the purchase bill than how
will be his account settled or what will be the entires for this
process.
IT IS SALLTED BY DEPOSIT CASH BACK AS IT IS.
| Is This Answer Correct ? | 3 Yes | 3 No |
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i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.
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Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
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