Interested to Buy Any Domain ? << Click Here >> for more details...
1. our co., start from 20.05.10 but at the time to till our
capital invested m.d spend Rs:98000 as food,refreshment,rent
guesthouse,travelling exp e.t.c., now we want to return to
him (i.e) all the expenses (amount will pay may be 17.08.10,
how to account it in tally for the expenses of M/D . and
payment entry.
I need the help
- 2 Answers
- 4438 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / swathi
ENter the amount which is receievd from director in capital
account by entering receipt voucher through how you have
been received bank or cash,and if those expenses related to
company then put a payment and dr to the expense and credit
to the cash or bank.but you need to have all bills.if those
expenses is not related to the company then you dircetly
make a payment to your director showing drawings(capital
a/c).
| Is This Answer Correct ? | 1 Yes | 0 No |
what is miscellaneous expenditure??
What is the journal entry for insurance premium payment of a company
how to pass entry of petty cash in tally 7.2
what are examples of non- marketable securities ?
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
Which account is responsible for interest payable?
how will be the entry of service tax on freight?
which assets may have credit balance ?
What is the treatment of preliminary? is this current assets?
what is the different between Liability and owners equities ?
what is apply SI post
What is mean by deffered revenue expenditure?
Audit 
