Provisioned for electricity for the previous month's bill Rs. 8000 (pass journal entry)
Provision entry on month end/year end
1) Provision for Electricity a/c Dr Rs.8000/-
To Electricity Charges payable a/c Rs.8000/-
2) Electricity charges payable a/c dr. Rs.8000/-
To Vendor/Electricity board a/c Rs.8000/-
3) Vendor/Electricity Board a/c dr Rs.8000/-
To bank/cash Rs.8000/-
Is This Answer Correct ? | 2 Yes | 0 No |
Increase in one equity with no change in the asset will result in .................... of another equity
What Does Hedgelet Mean?
How you classify bank Account?
1 Answers Satyaki Educational Academy,
Tell us what inspired you to move to the next opportunity?
i wanted to know that how much percent TDS deducted any kind of works, like civil work and Electricals works, machinery, ducting work, security service,
what is single entry system
Different types of payment methods
what is the difference between pay order and demand draft?
What is the Account Receviable for Airport?
How many types of voucher?
14 Answers Build Asia, Punjab National Bank,
what will be the entry for inventory
what are the main important accounting entries for AP and AR ...