What would be the accounting journal entries/ treatment in P&LA/c, Balance sheet,
If the person is carrying on Mobile recharge business
Accounting treatment
(Guest)
3 Replies
ATUL Y
(574 Points)
Replied 26 November 2020
It will be treated as business expense:
Telephone exp. Dr. ××××
To Indirect exp. ××××
Indirect exp. Dr. ××××
To Profit & loss a/c ××××
Telephone exp. Dr. ××××
To Indirect exp. ××××
Indirect exp. Dr. ××××
To Profit & loss a/c ××××
Charan Raju
(Manager)
(132 Points)
Replied 04 December 2020
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
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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