Advance given to staff for incurring exp.

This query is : Resolved

Daya (Querist)
Follow

26 July 2014 advance given to staff for incurring of exp. create which type ledger and under which group

CMA. CS. Sanjay Gupta (Expert)
Follow

26 July 2014 Employee Advance under Current assets. When expense report is given expenses will be booked and Employee advance will be credited.

Daya (Querist)
Follow

26 July 2014 sanjay sir please mention special category under current asssets for advance given .such as Loan and advance (current assets)

CMA. CS. Sanjay Gupta (Expert)
Follow

26 July 2014 It will be Loans and Advances under Current Assets.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess