Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Journal Entry for Booking & paid Telephone Expenses.

Answer Posted / yogender singh

Telephone charges journal entry

Telephone expenses (Indirect exp) a/c Dr
To Telephone charges payable (current liabilities)


Telephone charges paid entry

Telephone charges payable a/c Dr
To bank or cash a/c

Is This Answer Correct ?    88 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1991


What is budget variance analysis?

6960


How does Cheques work while processing it in SAP? What are the effects and the methods.

2154


What are its characteristic features of financial accounting?

1156


Explain what is ledger?

1054


Ledger Enteries

2273


what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?

2016


what is the difference b/w gain and profit?

1903


Which forms in use in service Tax, Excise duty and Vat for the return.

2036


How do you maintain accounting accuracy?

1058


What is computerized accounting?

1008


What is aggregate Liabilities ?

2274


can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

2046


if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1486


what is consumer product accoutning?

1880