whats is the Journal entry for Telephone Expenses?
Answer Posted / 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 |
Post New Answer View All Answers
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
what is account & what is finance
Expand--------TOS
when calculating for np% do i include interest or do i take it off
why may types of accounts
What is inter-corporate deposits? and where it is shown in balance sheet?
what is the main difference between nse & bse operations
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
WHAT IS INTEGRAL ACCOUNTING
How and by whom the Percentage of Depreciation is fixing?
Expand-------CAN
what is the step in preparing the schedule of audit? can someone explain for me?
HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz