telephone bill entry

1224 views 3 replies

hi all,

i m facing some problem with tel. bill entry in the books. my ques. is that if i received tel. bill for the month of april & may on dated 5th july and if the last date for depositing it on 10th august when i will entered the same....bcoz if i shows that on 31st may then fbt is the problem.

 

thanks

Replies (3)
It is a better option to follow cash method of accounting for telephone & electric bills.
pass the provision entry for april and may and whenver paid pass another paid entry on that date it self. and also FBT also attracts the date when ever it was paid
PROVISON IS MADE AT THE END OF FINANCIAL YEAR. PLEASE PASS THE ENTRY CASH BASIS. FBT IS TO BE DEPOSITED PROVISIONALLY LIKE ADVANCE TAX. HENCE THERE IS NO PROBLEM FOR PASSING THE ENTRY IN AUG.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details