Easy Office
Easy Office

what ledger name to create

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(Querist)
26 August 2017 5000 rupees paid on the birthday of employee.what's ledger name for this expense should be created.
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RAJA P M

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RAJA P M (Expert)
26 August 2017 Create Ledger as "Gift".... Debit gift and credit cash or bank..... Finally just Debit capital/Current account and credit to Gift account.....
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
26 August 2017 Gift A/c To Cash Capital A/c To Gift A/c
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