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what will be a journal entry when we received a teliphone
bill from air tel and payment of bill.
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Answer Posted / munendra rathroe
this entry will be done by two entries like.
1.when we receive bill then entry...
communication expencses a/c dr
to bharti hexacom a/c
2. when we pay bill then entry....
bharti hexacom a/c dr
to cash/bank
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outstanding expenses, prepaid or unexpired expenses
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