To Expenses payable a/c
- Please tell me this entry mean.
This question was asked in GST Input in Case Payment Not Made
Expenses a/c. Dr.
To Expenses payable a/c
To Expenses payable a/c
Answers!
It means expense incurred but bill not yet received from vendor
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Comment
It means expenses occurred but due to pay so that it is our liability
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It means expense incurred but bill not yet received from vendor
Learn here
Comment
It means expenses occurred but due to pay so that it is our liability