What would be its entry in the books of company

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

12 June 2014 A company will have to pay these expenses below to a supervisor on site. below is the bill given by supervisor occurred expenses on site.
BILL is below:-

Labour charges 2420
Helper 4250
repairing expenses 1215
Previous balance of supervisor will be paid by company.

Company paid only 8000 in Cash &
balance will be paid by company Rs:- 2705

What would be its journal entry in the books of company?

Guest

Guest (Expert)

12 June 2014 FOR WHICH THING THIS EXPENSE HAD BEEN MADE ???

AN ALSO TOTAL BILL AMOUNT = 7885

COMPANY TOTAL PAYING = 10705

IS THAT DIFFERENCE AMOUNT = 2820 OF PREVIOUS BILL

AND DO U DEDUCT TDS OR WCT

EXPLAIN THESE POINTS.. SO THAT A CONFIRM AND ACCURATE ANSWER CAN BE GIVEN DEAR....

Querist : Anonymous

Querist : Anonymous (Querist)

13 June 2014 Ankit Ji, Site staff present bill to M.D according to their expenses But M.D cut off some charges & not pays full amount. i,e:- Bill Value 10000 given by supervisor (Mason,Labor charges,Helper,conveyance on site) but when Bill is presented to M.D, He never pays full amount:- just like out of Rs:-10000, M.D pays 8500. I wanna know what would be entry in books of company.
According to me:-
site consumable charges a/c DR. 8500
To Cash a/c 8500
I do entry since yesterday I m trying....I think there is imperest in the name of supervisor either credited or debited help me...

Upgrade to CAclubindia Pro. Subscribe Now!