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Electricity Bill paid amount 1000. what will be Debited?

A. Cash

B, Electricity Bill

C. Capital

D. Profit & Loss 

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Question added by Wasim khan wazir , Finance Specialist , Mott Macdonald
Date Posted: 2015/06/13
Shamseer KM
by Shamseer KM , HR Payroll Officer , Al Darwish Engineering W.L.L

Correct answer:

B) Electricity bill

 

Entry:

 

Electricity expense  a/c   Dr

 

  To Bank/Cash  a/c

fahad nasir
by fahad nasir , Accountscompany , logistic and supply meat co.

Electricity Bili expense.........................................................................................................

Sheikh Zohaib Rehman Zaibi
by Sheikh Zohaib Rehman Zaibi , Admin and Accounts Officer , NAI ZINDAGI

Electricity bill or Utilities .

Guillermo Bardullas
by Guillermo Bardullas , Cashier / Accounts , Isabela Cultural Corporation

B

(Dr) Electricity Bill

                (Cr) Cash

Gabr Yassen
by Gabr Yassen , محاسب مالي , كايرو تريد

B. Electricity Bill...................................................................

Option B) electricity bill

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option B is the right answer.

Electricity Bill expense A/c  Dr...  1000

To Cash A/c   

Rahmat Ullah Khan
by Rahmat Ullah Khan , Administrative Asst , Trojan Holding

B option ......................

Electric Bill Expenses to be debited and credit Accounts payable or bank it will depend on how you will book and pay.

Jafar Sharif
by Jafar Sharif , Auditor , KARVY & CO

B. Electricity Charges / Bill

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