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what is the journal entries of payable?

Answers were Sorted based on User's Feedback



what is the journal entries of payable?..

Answer / osman

payable A/c Dr
To Respective party payable A/c

Is This Answer Correct ?    3 Yes 0 No

what is the journal entries of payable?..

Answer / neha

cash/bank a/c dr
to respective payble a/c

Is This Answer Correct ?    2 Yes 0 No

what is the journal entries of payable?..

Answer / hp

PURCHASE A/C DR.

TO PARTY A/C CR.

Is This Answer Correct ?    1 Yes 0 No

what is the journal entries of payable?..

Answer / vijayender

1. At the time of booking expense:

Expense A/c Dr.
To Party A/c

2. At the time of making payment:

Party A/c Dr.
To Bank A/c

Is This Answer Correct ?    1 Yes 0 No

what is the journal entries of payable?..

Answer / a.srikanthreddy

Respective payable a\c DR
To Cash/Bank

Is This Answer Correct ?    1 Yes 2 No

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