Poonawalla fincorps
Poonawalla fincorps

Journal entry

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 March 2015 Suppose a employee is spending some money from his side on food and some payment he is making through credit card of company . so money he is spending from his side company will be reimbursed that amount . now what will be the journal entry in all these cases?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
15 March 2015 you can pass the journal entry as debiting expenses and crediting the employee


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