Interested to Buy Any Domain ? << Click Here >> for more details...
What is Journal Entry for Booking & paid Telephone Expenses.
- 10 Answers
- 72524 Views
- I also Faced
- E-Mail Answers
Answer Posted / pramod kumar sahoo(tulshiram s
(1) Journal Voucher (F7), Booking for Telephone Expenses...........
Telephone Expenses A/c .........Dr (u/g ....Indirect Expenses)
To MTNL A/c (u/g....Creditor ...Liability)
(2) Payment Entry (F5)...
MTNL A/c...............Dr
To Cash /Bank
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
How do you classify errors in accounting?
What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify
Tell us what kind of work environment do you prefer?
Explain me what is important to effective market analysis?
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
Explain what is gaap?
Tell me in balance sheet, where do you show tds?
Tell me how can you explain the basic accounting equation?
what is the Differed Tax Liability & How it is calculate ?
purchase plant and machinery
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
What are negative postings?What are Credit memos ?Payment Requests ?
what is penaultimate sale
what will be the entry for inventory
