Advance entry of telephone expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2015
Dear Expert,
By mistake i have paid our current telephone bill in 2 times,
now which entry i will pass in tally.
please advice
By mistake i have paid our current telephone bill in 2 times,
now which entry i will pass in tally.
please advice
19 June 2015
Prepaid Account Dr
To Bank/Cash
Otherwise you can pass -
Telephone expense payable A/c Dr
To Bank/Cash
Note - In this case your payable A/c will reflect the debit balance which you can adjust with Telephone Expense in the next month
To Bank/Cash
Otherwise you can pass -
Telephone expense payable A/c Dr
To Bank/Cash
Note - In this case your payable A/c will reflect the debit balance which you can adjust with Telephone Expense in the next month
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2015
thanks himanshu sir,
kindly confirm one thing .........can i pass a payment entry in tally
& next month i will adjusted same amount
airtel a/c dr.
to Bank
this is cprrect or not
kindly confirm one thing .........can i pass a payment entry in tally
& next month i will adjusted same amount
airtel a/c dr.
to Bank
this is cprrect or not
20 June 2015
you can pass this entry. You have to pass entry as usual. It shows Debit balance and then at the time of entering new bill entry it will automatically adjusted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
