we given tour advance to party how to treat entry and which
head have to given expenditure
- 4 Answers
- 6738 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Advance(Party) A/c Dr.
To cash
and when he submit the actual expenditure .Advance account to be credited and expenditure account to be debited
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / nadeem khan
since we are giving amount for tour it's nothing but travelling expenses for the company
and the entry shoul be
travelling a/c ...dr
to cash/bank a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kolli
Cash/Bank a/c DR
To Party(name)a/c
(Advance Paid For Tour)
| Is This Answer Correct ? | 1 Yes | 7 No |
where is entry done in tally of cheque bounce ???? Journal, Payment, Receipt, Contra
What is the difference in accounting and marketing?
How to create report of t code f-02 in SAP FI?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
Why did you select accounting as your profession?
whether bills of exchnge can come under the category of reserves and surplus
1 Answers Iyer Coaching Centre,
i have 1 year gap after completing my graduation what should i say in interview?
What is the equation for acid-test ratio in accounting?
what will be the treatment of tds deducted by clients if the it is private company
what show in balance sheet after deduct last depreciation of assets
How to Entered The Entry if insurance Claim Recovered of four Wheeler and entry entered in personal Account so give me The entry of insurance claim recovered.
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
Audit 
