Dear Sir
due to lackdown patner paid 5 (our and relatives) electricity bill from currant account Please suggest how to pass the entry in books of account and also suggest can we face any problems
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Electricity bill paid from current account
Replies (2)
Dr. Personal expenses/Drawings
and this expense will not be allowed as deduction while computing Profit
and this expense will not be allowed as deduction while computing Profit
Thank you sir, any problem with us because partner used current account
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