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Dear Students through the above link I shared some of the jokes told by Mr T.N.Manoharan in the class and I didnt remember everything so i went on recollecting it for sharing it here is the one on Packing and Forwarding
We all know while auditing a particular expense we compare last year expenditure with current year and if it is abnormal a thorough scrutiny will be made .So the Tutor was surprsised by looking at the expense of Packing and Forwarding as it was abnormal as compared to last year so a scrutiny is made and on that it was observed that Funeral/Burail Charges of Proprietors Relative was debited .The Tutor immediately asked why you have debited this account instead you could have taken to general expense instead but the accountant gave an explanation no sir it was neatly packed and forwarded so in my view that was the appropriate head of account
CAclubindia
