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Sir
i want
bill payable meeaning,Entryes
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Answer / narender shilak
Bill Payable is a liablility for a business, as this is
issued at the time of purchase of anything from third
party.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / madhu poor
1st u pass Jounral Entry in Tally
Dr. Bill Payable......... Amt.
Cr. Bill (Telephone etc.) ...... Amt.
At the time of payable u pass Payment Entry.
Dr. Bill ..........Amt.
Cr. Cash/ Chq (Bank) ........... Amt
| Is This Answer Correct ? | 1 Yes | 3 No |
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
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N N SALES: DEPT A 150000 DEPT B 2500 100000 newspaper 1000 rates 500 elect 250 salary 10000 stock 1/4/92 :dept A 2300 DEPT B - stock :1/4/93 dept A 1200 dept B 700 newspaper 300 prepare trading profit and loss account. thanx
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