what is journal entry for outstanding bills payables?
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Answer / pravin mishra
outstanding bills payables dr
To bills payables
| Is This Answer Correct ? | 20 Yes | 6 No |
Answer / naveen gyajangi
for example........
Rent a/c Dr
To Rent payable a/c
| Is This Answer Correct ? | 9 Yes | 3 No |
You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.
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