O
O
O
O
C, o, u, e
C, o, u, e
D, f, r
The accounting treatment for reimbursement will be an expense to the organization. This will be credited on the cash book which indicates that the company has paid out money.
Filled Customer Orders Colleceted "R"
Filled Customer Orders Collected "R"
Trial balance a forced of balance?
UFCO
If paying right now: Debit Employee Reimbursement Expense Credit Cash If recording to pay at a later date: Debit Employee Reimbursement Expense Credit Accounts Payable (to the employee)