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1)how will you check the expenses?
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Answer Posted / pravin.kamble425@gmail.com
If you are making a audit of a Firm / Company, to check the
expenses, simplest way is
1)First you ask the accountant of the firm / Company to
show the P & L a/c &
2)Ask him to provide the cash book & bank book.
Because all the expneses are recorded in P & L account & to
cross check whether it paid or not we must refer the cash
book or bank book. Because when there is expenses that
meanse payment is there so either we can pay by cash or pay
by bank / cheque.
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