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Our company given party to employees. this expenditure which
account head booked ?

please tell me

Answers were Sorted based on User's Feedback



Our company given party to employees. this expenditure which account head booked ? please tell m..

Answer / badari

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

Is This Answer Correct ?    22 Yes 1 No

Our company given party to employees. this expenditure which account head booked ? please tell m..

Answer / nicholas

THIS EXPENSE CAN ALSO BE UNDER ENTERTAINMENT.

Is This Answer Correct ?    4 Yes 2 No

Our company given party to employees. this expenditure which account head booked ? please tell m..

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.

Is This Answer Correct ?    2 Yes 1 No

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