Dear Friends,
We are paying to our office staff for his petrol expenses for the purpose of travelling for office purpose but the scooter is of his own. Pls let me know in which ledger hed such petrol expense to be debited ?
Menu
Head of expenses
Replies (5)
Debit in Petrol or Fuel Exp A/c
Thank you Rashmi
conveyance expenses A/c
Debit in Petrol or Fuel Exp A/c
Logically you are reimbursing the expense incured by the employee. So its supposed to be debited in employee reimbursement account
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
