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After closing the financial year i.e. 31st march.,
you have received a teliphone bill on dated 1st april
( And the bill was for the month of 1 mar to 31st march
i.e closing year's last month)what treatment you will do in
current financial year and closing financial year.
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Answer Posted / sankeerthana
Very simple my dear. simply debit telephone charges and
credit charges payable. This type of entry very common.
sankeerthanaannavaram@yahoo.in
| Is This Answer Correct ? | 6 Yes | 5 No |
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