• Answer of this question

    petty cash entry picnic expenses
    Davneet Singh's image
    Davneet Singh

    If it is for Staff

    Staff Welfare Expenses Dr

              To Cash

     

    If it is for Clients

    Business Promotion Expenses Dr

              To Cash

    Business Promotion Expenses and Sales Promotion Exp are Indirect Exp in Tally

    Cash A/c is already created

    Note

    Cash and Petty cash are normally same thing if there is only one branch

    If there are multiple branches,we use Petty Cash A/c whose group is Cash in Hand

     


    Written on Jan. 24, 2018, 7:03 p.m.