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 |
why share capital shown in liability side of a balance sheet
In Accounting how many types of formulaes?
What are Home Equity Loans ?
hi, im an MBA FINANCE FRESHER, wht are the career opportunities at BPO's for me bcoz may ppl say that starting up a career in BPO does not have any weighted or does not fetch any good experience, so kindly advice me on this plz..
what is the journal entry? goods purchased by ram on credit for 1000 which includes vat rs.100 in it
Is WCT paid to be considered as overhead during costing in construction firm?
Short Answer on ________Preferential Creditor
what is differance between creditors & expenses for creditors?
what is the fullform of ADN?
How Many kind of expenses or Income will come under direct expenses or Income ?
what is finance
lis and explain the parties involved when a cheque is issued