Journal Entry for PTEC FY 2023-2024
This query is : Resolved
Quick Summary
Vidit Sharma
(Querist)
28 July 2023
I have recently registered and paid 2500 PTEC on 11/7/2023 for FY 2023-2024.
How can I make journal entry for this transaction?
Can consider it as an expense or liability?
For expense I know to just make entry from bank account to PTEC expense account.
If it is a liability, how to make the entry?
How can I make journal entry for this transaction?
Can consider it as an expense or liability?
For expense I know to just make entry from bank account to PTEC expense account.
If it is a liability, how to make the entry?
28 July 2023
Consider it as expense.
Message likes :
1 times
12 September 2024
Good Luck.
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