Under which expenses to put
This query is : Resolved
22 September 2023
I am working in manufacturing company of medicine and want to know under which account head following expenses will go
1. bought soap,dustbin, toilet cleaner, brooms for factory area cleaning
2. sale of scrap of packing material.
3. paid for LPG gas (using for making tea).
4. Purchase items for repair & maintenance of machinery on credit, what will be the voucher type for this. (Purchase 0r Journal)
5. Purchase some stationery on credit, what will be the voucher type (Purchase or Journal)
Please help me out.
1. bought soap,dustbin, toilet cleaner, brooms for factory area cleaning
2. sale of scrap of packing material.
3. paid for LPG gas (using for making tea).
4. Purchase items for repair & maintenance of machinery on credit, what will be the voucher type for this. (Purchase 0r Journal)
5. Purchase some stationery on credit, what will be the voucher type (Purchase or Journal)
Please help me out.
22 September 2023
No more different effects if purchases through cash or credit.... point number 4 and 5 can be account in purchase or journal. But, basics is You will keep the ledger in correct groups...
22 September 2023
1. General Expenses (or Building/Factory Maintenance....
2. Scrap (Packing Materials ) through Sales....
3. LPG for cooking under Tea Expenses (may be as Employee Food Expenses)
4. Machinery Maintenance under Indirect Expenses...
5. Printing and Stationery Expenses...
22 September 2023
Thanks for reply sir.
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