Medicine exp under head
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 February 2013
Dear Sir,
Which account head medicine exp will debit?
Which account head medicine exp will debit?
16 February 2013
If the expenditure is related to employees you can transfer the same to employees welfare a/c or in case if it is for general one then transfer to miscellaneous account (provided proper narration is given and the amount is not material.)
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16 February 2013
Generally medicines are purchased for the staff member of an organisation. So, these will be accounted under the Head "Staff or Employees Welfare Account.
YOu can also account the same under Administrative expense or office expense or general expense with clear narration, if it is general in nature.
Accounting of medicine depends upon general and specific basis
YOu can also account the same under Administrative expense or office expense or general expense with clear narration, if it is general in nature.
Accounting of medicine depends upon general and specific basis
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