Debit electricity expensesCredit cash / bank
Debit electricity expensesCredit expenses payable
debit electricity billcredit bank
[Debit] Electricity expenses xxxx [Credit] Cash xxxx
[Debit] Bank service charges xxxx [Credit] cash / bank xxxx
Debit electricity expensesCredit cash / bank
Debit electricity expensesCredit expenses payable
debit electricity billcredit bank
[Debit] Electricity expenses xxxx [Credit] Cash xxxx
[Debit] Bank service charges xxxx [Credit] cash / bank xxxx
[Debit] Bank service charges [Credit] Bank account
Debit settlement chargesCredit cash /bank
debit electricity billcredit bank
bank charges a/c debit to cash a/c credit
makes no journal entry for the transportation
debit finance charges 460credit balance payable 460
drawings a/c ..dr to cash a/c