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If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account

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If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account..

Answer / ajit sharma

it is not a exp for firm and it should go in purchasing a/c and shown in dr side of profit & loss a/c

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If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account..

Answer / sachin mate

Dr. Purchase Consumable (Purchase A/C)
Cr. party A/c.

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If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account..

Answer / nayak

Sundry Expenses

Is This Answer Correct ?    0 Yes 4 No

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