whats is the Journal entry for Telephone Expenses?
Answer Posted / 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
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