Urgent help
This query is : Resolved
10 September 2009
Dear sir
As per mercantile system, when and what entries should be passed for electricity, water, etc expenses.
Thanks
As per mercantile system, when and what entries should be passed for electricity, water, etc expenses.
Thanks
C.A.Harish Singh
(Expert)
10 September 2009
Whenever these Exp. due but not yet paid following entry should be made
Electricity/Water/other exp. a/c Dr
To Exp.Payable a/c
Electricity/Water/other exp. a/c Dr
To Exp.Payable a/c
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