Journal Entry and Ledger Posting for Telephone Expenses paid through Bank Account

Telephone Expenses are the expenses which is paid to Telephone Service Provider(either Government or Private Companies) by an Individual or Business unit during an Accounting period, against use of their Service provided.

Let's discuss how to pass Journal Entry and post them into their respective Ledger Account, when Telephone Expenses are paid through Bank Account.

When Telephone Expenses are paid through Bank Account, the affected Ledger Accounts are :

Debit Ledger : 

  • Telephone Expenses Account

Credit Ledger :

  • Bank Account :

Journal Entry

Journal Entry for Telephone Expenses paid through Bank Account.
Ledger Posting

In Telephone Expenses Ledger Account

Telephone Expenses paid through Bank Account - Posting in Telephone Expenses Ledger Account.

In Bank Account

Telephone Expenses paid through Bank Account - Posting in Bank Account.

Example :

In the Books of M/s.Trimurthy Traders, amount paid to BSNL towards Telephone Bill for ₹680/- on dt.02/07/2021 vide INB Ref No.AB102035 from HDFC Bank Current Account.

Pass necessary Journal Entry and post them into their respective Ledger Account.

In the above transaction, affected Ledger Accounts are:

Debit Ledger :

  • Telephone Expenses Account

Credit Ledger :

  • HDFC Bank Current Account

Journal Entry

Journal Entry for Telephone Expenses paid through Bank Account - Example
Ledger Posting

In Telephone Expenses Ledger Account

Telephone Expenses paid through Bank Account - Posting in Telephone Expenses Ledger Account - Example.

In HDFC Bank Current Account

Telephone Expenses paid through Bank Account - Posting in HDFC Bank Current Account - Example.


Location: Cuttack, Odisha, India

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