Kindly tell me some journal entry of provision .
1) Make provision for Rs 100 teliphone bill on 31 March 2010.
2) teliphone bill received Rs 150/- on dated 10 Apr 2010.
What will be journal entry for both case in tally.
Answer Posted / shamli
Provision A/C........Dr. 100.00
To Telephone Bill A/c 100.00
(being Provision of telephone bill)
| Is This Answer Correct ? | 11 Yes | 22 No |
Post New Answer View All Answers
if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?
What is general ledger account?
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?
Please advise how to calculate net asset....
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
What all are the documents need to check for a supplier payment?
How to make deductions of the employees from salary against the loan in AP module oracle R12
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
in trading credit why does goods sent on consignment come?
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)