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Club subscriptions

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(Querist)
18 October 2015 We are paying Club Mahindra Subscriptions every month in fixed installments.. how to treat in accounting ??? Is it treat as deposit/advance/any other???
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
18 October 2015 It well b as monthly expense na
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thotasrinivas

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thotasrinivas (Querist)
18 October 2015 yes.. itz are expenses..how to treat in accounting?
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
18 October 2015 Treat it as normal expense and do entry in suitable accounting head

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