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Provision entry for telephone expenses

4961 views 2 replies

dear sir,

i want to ask provision entry and main entry for telephone expenses payable.
bill period :- 10th march to 9th april.
invoice date :- 12th april
amount :- 2500
party :- airtel.

regards,
bharat.

Replies (2)
FOR MARCH- TELEPHONE EXP DR 1750 TO EXP PAYABLE CR 1750 FOR APR- TELEPHONE EXP DR 750 EXP PAYABLE DR 1750 TO AIRTEL CR 2500

31/03                          Dr   Telephone exp..      1750.00

                                                  To provision for telephone expenses .      1750.00

12/04                          Dr.    Provision for telephone expenses.      1750.00     

                                   Dr.    telephone exp .                                      750.00

                                                        To cash/bank.                                          2500.00


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