Interested to Buy Any Domain ? << Click Here >> for more details...
Kindly tell me some journal entry of provision .
1) Make provision for Rs 100 teliphone bill on 31 March 2010.
2) teliphone bill received Rs 150/- on dated 10 Apr 2010.
What will be journal entry for both case in tally.
- 11 Answers
- 57347 Views
- Goldman Sachs, I also Faced
- E-Mail Answers
Answer Posted / d.s.negi
31.03.2010 telephone exp. 100
to telephone exp.payable 100
10.04.2010
telephone exp. 50
to telephone exp.payable 50
Because we already had provision of Rs.100/ and bill
received exceeds to Rs.150. Its means that amount of Rs.50
is extra.
| Is This Answer Correct ? | 28 Yes | 11 No |
Post New Answer View All Answers
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
Explain fictitious assets?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
What is the provision?
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
Plz Ask from me New Accounting Questions.
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?
What is the Full Procedure of Purchase ?
whats difference between manufacturing account & cost account
for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?
