whats is the Journal entry for Telephone Expenses?
Answers were Sorted based on User's Feedback
Answer / ullas patil kulkarni
Telephone Expenses A/C Dr.
TO Cash A/C
Is This Answer Correct ? | 61 Yes | 9 No |
Answer / knareshmba
Telephone expenses a/c Dr
To Telephone expenses Payable a/c
Is This Answer Correct ? | 40 Yes | 15 No |
Answer / vijay007in
Hi Ullas,Rahul & Shalini
We dont know mode of payment. It may cash/ Bank. Now we are
booking the expences and liabilites . So this entry may
come
Telephone Exp Dr
To Payable Exp Cr ( It may Service provider or Payable
Exp)
Regards
Vijay
Is This Answer Correct ? | 25 Yes | 4 No |
Answer / monty
as per my knowledge,
if this expns paid through cash then entry will be
Telephonic expns a/c dr
to Cash a/c
and then if payment is done through cheque then entry wil
be
Telephonic expns a/c dr
to Bank a/c
Is This Answer Correct ? | 24 Yes | 4 No |
Answer / vivek kanna
Telephone expenses A/c ...................Dr
To Cash A/c
He din't mentioned the mode of payment,hence we assume
the telephone expenses are paid in cash.If it is in any
another mode he should clearly mention.
Is This Answer Correct ? | 13 Yes | 2 No |
Telephone Exp A/c Dr.Rs. 383.00
To Cash A/c Cr Rs.383.00
(The entry for cash transaction only)
Telphone Exp A/c Dr Rs. 383.00
By Bank A/c Cr Rs.383.00
( The Entry for the bank transaction only)
Is This Answer Correct ? | 9 Yes | 4 No |
Answer / shraddha kasalkar
telephone exp a/c dr
to bank a/c.
p&l a/c dr
to telephone exp a/c
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / dharmendar singh rawat
Telephone Exp A/c Dr.
To Cash A/c Cr
(The entry for cash transaction only)
Telphone Exp A/c Dr
To Bank A/c Cr
( The Entry for the bank transaction only)
Is This Answer Correct ? | 3 Yes | 1 No |
what is the differences and similarities of cash inflow , revenue & gain
What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - razvinotes@yahoo.com
What is contingent event?
income from depreciated asset is profit or loss?
what is repo and revers repo ?why they need to use in stock market ?
what is finalisation of accounts.
5 Answers Bank Of America, BoA,
If someone knows about the test pattern of Junior executive accounts than please share.
0 Answers Pakistan Atomic Energy Commission PAEC,
Do you need a loan?
capital goods excise duty why are taken in 50 percent in firt finicial year and second next finicial year?