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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.
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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 |
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