About provision entry
This query is : Resolved
20 May 2014
I have received of postpaid bill for the period 22.03.2014 to 22.04.2014 of amount 1000.
please help me to how to pas the entry in my own book
I have pass the entry like this
telephone exp... 733.33
telephone exp payable 266.67
HDFC BANK 1000
please help me to how to pas the entry in my own book
I have pass the entry like this
telephone exp... 733.33
telephone exp payable 266.67
HDFC BANK 1000
20 May 2014
yes. entry is correct if you have provided the expenses of Rs.266.67 in the last year it self as outstanding expenses
23 May 2014
yes it is correct entry
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