Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Advance entry of telephone expenses

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

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

CA Himanshu Ojha

CA Himanshu Ojha (Expert)

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

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

Nischit Sanghavi

Nischit Sanghavi (Expert)

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