Stat Audit Staff accommodation expenses


22 March 2024 Dear Experts,
1 The Stautory audit firm's staff staying in the hotel.
2 The company is remitting the amount to the hotel for their accomodations
3 The hotel raised the invoice in the name of the company.
4 Now how the company can account this expenses under which group?
5 What would be the ledger name for this transactions.

22 March 2024 You can account the expense in Your previous ledger (if any) like 1.Hotel and Accommodation charges, or 2. Business Promotion or 3. General Expenses or 4.any other hotel, food, conveyance ledgers. But, give suitable narration for the said expenses.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries