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Accounting treatment

IPCC 332 views 3 replies
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What would be the accounting journal entries/ treatment in P&LA/c, Balance sheet,
If the person is carrying on Mobile recharge business
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On 26 November 2020 at 12:29 Report
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257 Points Joined April 2020
Will it comes in bs?
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On 26 November 2020 at 12:37
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574 Points Joined June 2020
It will be treated as business expense:

Telephone exp. Dr. ××××
To Indirect exp. ××××

Indirect exp. Dr. ××××
To Profit & loss a/c ××××
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On 26 November 2020 at 14:55
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Manager
132 Points Joined May 2016
Hi Dhaval

Can you brief me about Mobile Recharge Business ?
How you recharge, through Online agent

I can help you with Journal entries based on the above info
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On 04 December 2020 at 01:13

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