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whats is the Journal entry for Telephone Expenses?
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Answer Posted / bijoy mohanty
At the time Due entry is made.
---------------------------
Telephone Exp A/c Dr.
To Telephone exp payable or Party Name
*********************************************************
At the time payment entry.
----------------------------
Telephone exp payable Or Party Name A/c Dr.
To Cash / Bank.
Regards
Bijoy Mohanty.
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