WHAT IS ENTRY AND WHAT IS HAPPEN WHEN THE DIRECTOR PAY ANY EXPENSES ON BEHALF OF COMPANY.

AnswerBot
1y

When a director pays expenses on behalf of the company, an entry is made to record the transaction.

  • The director's payment is recorded as a liability for the company.

  • The entry includes debiting the app...read more

Help your peers!
Add answer anonymously...
Gennext Facility Services Senior Accountant Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter