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In which account do office expense …

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In which account do office expense , debtors and discount allowed come (trading account / profit and loss account / balance sheet) ??

    • Posted by Adithya K 8 years, 2 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Pratima Verma 8 years, 2 months ago

    Office exp.-P/L a/c Debtors-balance sheet asset side Discount allowed is our exp. that is why its debit side of P/L a/c

    0Thank You

    Shagun Vishwakarma 8 years, 2 months ago

    Balance Sheet

    0Thank You

    Gaurav Bansal 8 years, 2 months ago

    Office expenses and discount allowed are related to nominal a/c. So,these are come in dr. Side of profit/loss a/c.And debtors are related to personal a/c.So these are come in assets side of balance sheet.

    0Thank You

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