distribution of gift in diwali to employee & buyer!!
what's suitable expences head.


Answer Posted / barodianbuddy(acca)

TO STAFF=STAFF WELFARE EXPENSES OR STAFF ENTERTAINMENT EXPENSE
TO SUPPLIER- GIFTS IN KIND OR SUPPLIER ENTERTAINMENT

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

663


Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

979


Explain which accounting application you prefer most and why?

583


can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?

1565


What is the abbreviation for the accounting terms debit and credit?

556






What is the objective of the balance sheet?

623


What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

665


Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time

3744


Explain things that fall under intangible asset?

652


Capital reserve is - a) real account b) nominal account c) personal account d) none of them

483


Who owns the general ledger?

635


Explain what makes a successful account manager?

625


IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

1710


What is the difference between Accruals and Provisions?

1159


in what circumstances it is mandatory to calculate the goodwill.

1296