whats is the Journal entry for Telephone Expenses?
Answers were Sorted based on User's Feedback
Answer / ullas patil kulkarni
Telephone Expenses A/C Dr.
TO Cash A/C
| Is This Answer Correct ? | 61 Yes | 9 No |
Answer / knareshmba
Telephone expenses a/c Dr
To Telephone expenses Payable a/c
| Is This Answer Correct ? | 40 Yes | 15 No |
Answer / vijay007in
Hi Ullas,Rahul & Shalini
We dont know mode of payment. It may cash/ Bank. Now we are
booking the expences and liabilites . So this entry may
come
Telephone Exp Dr
To Payable Exp Cr ( It may Service provider or Payable
Exp)
Regards
Vijay
| Is This Answer Correct ? | 25 Yes | 4 No |
Answer / monty
as per my knowledge,
if this expns paid through cash then entry will be
Telephonic expns a/c dr
to Cash a/c
and then if payment is done through cheque then entry wil
be
Telephonic expns a/c dr
to Bank a/c
| Is This Answer Correct ? | 24 Yes | 4 No |
Answer / vivek kanna
Telephone expenses A/c ...................Dr
To Cash A/c
He din't mentioned the mode of payment,hence we assume
the telephone expenses are paid in cash.If it is in any
another mode he should clearly mention.
| Is This Answer Correct ? | 13 Yes | 2 No |
Telephone Exp A/c Dr.Rs. 383.00
To Cash A/c Cr Rs.383.00
(The entry for cash transaction only)
Telphone Exp A/c Dr Rs. 383.00
By Bank A/c Cr Rs.383.00
( The Entry for the bank transaction only)
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / shraddha kasalkar
telephone exp a/c dr
to bank a/c.
p&l a/c dr
to telephone exp a/c
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / dharmendar singh rawat
Telephone Exp A/c Dr.
To Cash A/c Cr
(The entry for cash transaction only)
Telphone Exp A/c Dr
To Bank A/c Cr
( The Entry for the bank transaction only)
| Is This Answer Correct ? | 3 Yes | 1 No |
Do you have reference list
1 Answers GSK GlaxoSmithKline,
What is the meaning of net incaome?
WHAT IS DERIVATIVE?
33 Answers FACT, FactSet Systems, India Infoline,
plz send me hsbs finance questions asked in the interview ans appitude also
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
Expand-------- CTEI
debentures
What is Subsidiary book?Explain the different Books along with debit note& credit note?
How can I explain p2p process in SAP?
diffrence between the profit center and business area
expand B R S
What is the difference between tds and withholding tax??(new)