Reimbursement Entry
This query is : Resolved
14 April 2009
Hi
Pls resolve my query.
suppose a person provide production services to media company(Chargeable to S. TAx).
From the said company, the amount regarding expenses & Salary is received.
Now., Salary is ok
But how we pass entry in the books of the amount that not belong to him.
He incurs expenses on bribe & Others.
He then Gives the bills to said Co. who afterwards reimburse him the expenses incurred by him.
Pls resolve my query.
suppose a person provide production services to media company(Chargeable to S. TAx).
From the said company, the amount regarding expenses & Salary is received.
Now., Salary is ok
But how we pass entry in the books of the amount that not belong to him.
He incurs expenses on bribe & Others.
He then Gives the bills to said Co. who afterwards reimburse him the expenses incurred by him.
21 April 2009
answered
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
