Our company given party to employees. this expenditure which
account head booked ?
please tell me
Answers were Sorted based on User's Feedback
Answer / badari
This expenditure can be booked under the head 'Staff
Welfare'
| Is This Answer Correct ? | 22 Yes | 1 No |
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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