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our company given party to employees. this expenditure which
account head booked ?
please tell me



our company given party to employees. this expenditure which account head booked ? please tell me..

Answer / jayanth

THIS EXPENDITURE IS POSTING UNDER HEAD OF "ENTERTAINMENT &
HOSPITALITY EXP A/C" (ADMINISTRATIVE EXP). IT IS NOT COMES
UNDER STAFF WELFARE A/C, BECAUSE THIS EXP HAS NOT SPENT FOR
WELFARE OF EMPLOYEES.

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