Recording of entries

This query is : Resolved 

18 December 2012 Suppose I get a expense bill dated- 12/10/12. But I make the payment on 20/10/12. Then, at what date should I make the expense entry on my book?

18 December 2012 Bill date always for all expenses.

18 December 2012 U should always keep in mind basis of accounting. Whether it is accrual or cash basis.

10 February 2013 thank you Pankaj ji & Arun ji


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