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Power expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 September 2011 a bill raise at 11.6.11 of power bill & payment made on the last due dat 26aut what will be accouting treatment as mercantile system of accounting.
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
26 September 2011 On 11/6/11 date of receipt and approval of bill

Electricity/Power expenses A/c Dr
To Electricty Company Account

On the date of the payment

Electricty Company Account Dr
To Cash / Bank

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