what will be a journal entry when we received a teliphone
bill from air tel and payment of bill.

Answer Posted / munendra rathroe

this entry will be done by two entries like.
1.when we receive bill then entry...
communication expencses a/c dr
to bharti hexacom a/c
2. when we pay bill then entry....
bharti hexacom a/c dr
to cash/bank

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how can i make transaction related to inflation account in sap ?

1569


Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...

1947


In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

1661


objective of accounting

1529


describe how accuracy in trial balance is a prime objective for preparing the financial statements?

1577






How and by whom the Percentage of Depreciation is fixing?

1948


what is capital market and money market? what is primary market and secondary market?

1756


What is the difference between income statement & Profit&loss A/c?

1464


What is Mean By FRS for HQ reporting, How To Prepare?

1615


What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

1513


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

1838


If income and expense both are equal then what it depicts

1520


Expand ________FIPB

1629


The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

1650


in a every intervew asking one common question why you are living current employer, which is the best answer

2548