Journal entry for Telephone purchased in credit?
Answer Posted / sujith k gatty
Suppose company engaged in trading with telephones then,
]purchases a/c dr
to suppliers or creditors a/c
Suppose Company purchased for office use then
Office equipment A/c dr
to creditors A/c
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.
How to pass an general entry for materials which are stored in warehouses??????
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
Please guide in details about Payroll in Tally.erp9??
what is basic general accounting.
What are the differences between contrast bookkeeping and accounting
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
What is the entry for provision?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
Explain me some of the examples for liability accounts?
What is a ledger? What do you mean by ledger posting?
WHAT IS OPERATING CYCLE?
One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)
What does the abbreviation dr mean in accounting?