Baljeet Singh
(CA, B.Com (H))
(954 Points)
Replied 21 February 2017
Hi Deepu,
In this case you would create a food expenses payable entry along with salary payable.
1. When the salary is due.
Salary A/c Dr.....
Food Expenses A/c Dr...
To Mr. A Salary Payable
To Mr. A - Reimbursement
(Being salary and reimbursement expenses due)
2. On payment.
Mr. A Salary Payable ....Dr.
Mr. A - Reimbursement ....Dr.
To Bank A/c
(Being salary and reimbursment expenses paid.)
Baljeet Singh
(CA, B.Com (H))
(954 Points)
Replied 21 February 2017
Mr. A Salary Payable ....
Mr. A - Reimbursement ...
Both as current liabilities.
Elite Teknica Services
(2 Points)
Replied 25 February 2023
Employee Food expense comes under which head or group
CAclubindia
