Accountancy, asked by MONU3716, 1 year ago

traveling expense journal entry

Answers

Answered by RohitSaketi
1
traveling expenses a/c
to cash/bank a/c
Answered by PiaDeveau
0

Traveling expense

Explanation:

Given:

                       Books of (--- limited)

                           journal entry

Date    Account Title and explanation    Debit   Credit

1.  Assume as Business traveling expense

        Traveling  expense   A\c Dr.                     xxx

           To cash \ Bank    A\c                                       xxx

      (Being Traveling  expense paid from cash or bank)

2.  Assume as Personal traveling expense

        Drawing                             A\c Dr.           xxx

           To cash \ Bank       A\c                                       xxx

      (Being Traveling expense made as drawing)

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