Fy -2015-16 An amount of Rs2500 as Telephone charge payable. fy 2016-17 these amount not settled and shown in accounts as payables. what is the journal entry for writing off the liability payable
Fy -2015-16 An amount of Rs2500 as Telephone charge payable. fy 2016-17 these amount not settled and shown in accounts as payables. what is the journal entry for writing off the liability payable