23 May 2017
Dear Experts, A proprietor of proprietary firm has paid Electricity bill from his saving Account. so plz let me know the Accounting treatment of the same.
Thanks Ankit Jain
Expert :
Anonymous
Expert :
Anonymous
(Expert)
23 May 2017
Electricity A/c. Dr
To Bank A/c
Querist :
Anonymous
Querist :
Anonymous
(Querist)
24 May 2017
Dear sir... we have not consider saving A/C in the books Hence the bank cannot be credit..... my view is can i pass the following entry.....i.e. Electricity Exp. Dr.... To capital A/C.........