What is Journal Entry for Booking & paid Telephone Expenses.
Answer Posted / ashish tiwari
journal entry for booking and payment of expenses
(1) Booking of expenses
Expenses (telephone Exp) A/C D
To Expenses (telephone Exp) Payable A/C
(2) Payment of expenses
Expenses (telephone Exp) Payable A/C
To Bank A/C
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Do you know executive accounting?
what is the meaning of written-off as goodwill written-off
Do you use social media to identify prospects?
Explain some of the accrued expenses and the accounts in which you would record them?
what is t code of journal voucher report with amount?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
Recent banking question for 2015 interview for scale2 exam of sbm
how many view the tally backup erp9 after the tally backup in tally
What is tally and its features?
What are the accounting entries for branch accounts?
under which ledger should i make opening work in progess and closing work in progress
Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx
give 3 reasons why capital is referred to as a special liability
can any one tell what is the selection proces in cognizant for MBA finance