whats is the Journal entry for Telephone Expenses?
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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 |
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