What is the journal entry of telephone bill?

Answer 1

telephone bill ac

to cash

When you receive the bill, but have not paid it, which is done in accrual accounting but not cash basis, the entry is:

Telephone Expense (debit) $$$

Telephone Expense Payable (credit) $$$

Once the bill is actually paid, even then it is removed from the payable with the following entry

Telephone Expense Payable (debit) $$$

Cash (credit) $$$

If you are paying the bill as you receive it, the only difference is skipping the payable account and debiting the expense account and crediting the cash in a single entry:

Telephone Expense (debit) $$$

Cash (credit) $$$

Answer 2

To record the telephone bill, the journal entry would be: Debit Telephone Expense (income statement account) for the amount of the bill, and Credit Accounts Payable (balance sheet liability account) for the same amount if the bill is to be paid later, or Credit Cash (balance sheet asset account) if the bill is paid immediately.

Answer 3

debit telephone expenses
Credit cash

Answer 4

Telephone charges a/c ....dr

To cash a/