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
- 57516 Views
- Goldman Sachs, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kiran
telephone exp.a/c dr 100
to provosion telephoneexp.100
(being provision of telephone exp on 31.st march)
| Is This Answer Correct ? | 130 Yes | 21 No |
Answer / sai ram
31-03-10
Telephone Exp. a/c Dr 100.00
To Telephone Exp. Payable A/c 100.00
(being the provision made for telephone expenses)
10-04-10
Telephone Exp. A/c 50.00
Telephone Exp. Payable A/c 100.00
To Creditor or service provider A/c 150.00
(being the provision reversed and balance exp booked)
| Is This Answer Correct ? | 56 Yes | 13 No |
Answer / sanjay kumar
Telephone Exp.a/c Dr. 150-00
To Telephone Payble 150-00
| Is This Answer Correct ? | 42 Yes | 16 No |
Answer / 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 |
Answer / anand
Kindly tell me some bank entry of provision.
1) Make provision for Rs 450 electricity bill on 31 march
2011.
2) electricity bill received Rs 1205/- on dated 07/05/2011
whai will be bank entry for both casr in tally
| Is This Answer Correct ? | 21 Yes | 4 No |
Answer / ratnakar govind chikte
1 St You make Journal entry
Dr To Telephone Ex A/C Rs 100
Cr To Outstanding Ex For Libilites Rs 100
on payment
Dr to outstanding ex for libilites Rs 100
Dr to Telephone ex A/c Rs 50
cr To Cash/Bank A/c Rs 150
| Is This Answer Correct ? | 18 Yes | 3 No |
1) Provision for Telephone bill on March 2010
Telephone Expenses A/c Dr 100.00
To Telephone Expenses payable A/c 100.00
2) Journal Entry on April 2010
Telephone Expenses Payable A/c 100.00 Dr
Telephone Expenses A/c 50.00 Dr
To Service Provider A/c 150.00
| Is This Answer Correct ? | 8 Yes | 5 No |
Answer / sameer
on 6-5-2013 received Electricity bill payable journal entries when paid what is the entry for electricity bill payment due date was 28-5-2013.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / nageswara rao k
telephone expenses a/c dr 100
to osl telephone exp payble a/c 100
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shamli
Provision A/C........Dr. 100.00
To Telephone Bill A/c 100.00
(being Provision of telephone bill)
| Is This Answer Correct ? | 11 Yes | 22 No |
what is the meaning of Cost center?
What do you mean by depreciation?
why net profit shown liabilities side in balance sheet
9 Answers DuPont, FactSet Systems,
What is a Prepayment and Explain the accounting entries
What is consolidated financial statement.
9 Answers Accenture, Capital IQ,
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
What is the treatment of loan and its interest in trading profit and loss ,balance sheet
why do we add the net profit in the balance sheet
Diffirent betwen Capital Expendature & revenue expendature
8 Answers Genpact, IBSN, Malbro,
difference between outstanding and accrued exp.?
if a employee basic salary is rs. 8000/- in march 2010 his total days of salary is 15 then what will amt comes in his f.p.f.(8.33%) account
how do we pass the Entry for Reserves? and What is the Meaning of Surplus?
Audit 
