Please Help: CNG USED IN PROCESS
Posted Date : 08-Dec-2011 , 06:41:13 pm | Posted By ravi chhatwani
IN MY CLIENT PLACE, CNG IS USED DURING PROCESS OF JOB WORK FOR BURNING EXCESS COTTON IN CLOTH.
I WANT TO KNOW TO WHICH A/C HEAD WILL THIS CHARGES WILL BE DEBITED ?
I WANT TO KNOW TO WHICH A/C HEAD WILL THIS CHARGES WILL BE DEBITED ?
Category : Accounts | Answers : 4 | Comments : 1 | Hits : 332
Answers
Answer By: AKHIL MAHESHWARI
Dear Ravi Ji, in my opinion it will simply be debited as cotton burning expenses under Direct Expenses Head.......
Answer By: CA VIPIN GARG
Dear Ravi Ji, there is no specific heads mentioned anywhere for all types of expenses and i am agree with what Akhil Ji have said because u can debit the above expenses with the head mentioned by him...
Moreover if you want to classify under standard heads only then you can go with the head fuel expenses as well.......
Hope you got the answer you were looking for, have a nice day..........
Moreover if you want to classify under standard heads only then you can go with the head fuel expenses as well.......
Hope you got the answer you were looking for, have a nice day..........
Answer By: AKHIL MAHESHWARI
No, there is no specific head for it, but it may be debited as fuel expenses, reminding that it must come under Direct expenses.......
Answer By: Ketan Samdani
Expenses can be classified under head of Power & Fuel expenses under direct expenses.


Comments
ravi chhatwani
10-Dec-2011 , 07:13:26 amThere is no specific head.. like this