answersLogoWhite

0


Best Answer

debit telephone expenses
credit expenses payable

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the journal entry of telephone bill is due to be paid?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the journal entry for bill received?

There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.


What is the journal entry of telephone bill?

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.


What is the Journal entry when a bill gets paid?

Debit accounts payableCredit cash / bank


What is the journal entry ana received and paid the utility bill for January 160?

[Debit] Utility bill 160 [Credit] Cash 160


What is journal entry for paid electricity bill for the month of march'2010 Rs3450?

Electrycity bill A/C Debit To Cash A/C Credit


Journal entry of entry tax paid?

[Debit] Tax paid [Credit] Cash / bank


How do you made a journal entry for loan repayment schedule?

There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.


What is the journal entry for electricity bill paid in cheque?

debit electricity billcredit bank


What is an accrual journal entry?

Accrual journal entry means that entry the transaction of which is occurred already but payment is not yet received or paid to other party.


What is the opening journal entry for paid up capital?

capital


What is THE journal entry to record paid in capital?

Debit cash / bankCredit paid in capital


Where can the bill be paid?

telephone