Answer / badari

This expenditure can be booked under the head 'Staff
Welfare'

Answer / nicholas

THIS EXPENSE CAN ALSO BE UNDER ENTERTAINMENT.

Answer / vishal

this expenditure should be go to entertainment expenses.
therefore the journal entries would be
entertainment a/c dr.
to cash a/c cr.

journal entries.. 1. sold goods for cash $2500 2. sold goods for $5000 on credit 3. received from customer 4. paid creditors $5000

3 Answers  

---

What is C & F Activity ?

2 Answers   Birla,

---

whats difference between manufacturing account & cost account

2 Answers   Kurlon,

---

what is difference between income and gain?

1 Answers  

---

IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?

2 Answers   FCI, Genpact,

---

in year end Balance sheet current liabilities is showing negative balance of re.-1/- how to write off the negative figure? pls help..

1 Answers  

---

How we can transfer stock from our punjab firm to our chandigarh firm

2 Answers   Infosys,

---

sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

2 Answers   HEG, Optimus,

---

If chq of Rs. 15000 bounced then how to enter reverse entery > Voucher Type....

4 Answers  

---

What are the contingent liabilities ?

1 Answers  

---

HOW WE CAN SEE BANK RECONCILIATION STATEMENT IN TALLY 9

3 Answers   India Infoline,

---

A company closing its acconts in december..its paying 10000/-as rent......in the month of august it paid 4 months rent as advance...how will u account this

6 Answers   IBM,

---