traveling expense journal entry
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Answered by
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traveling expenses a/c
to cash/bank a/c
to cash/bank a/c
Answered by
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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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