Internet Connection Expense & Accrued Journal Entry
Internet Connection Expense And Accrued Internet Connection Expense Journal Entry In Accounting Internet connection means t hat the compa ny uses internet facilities from internet service providing companies and pays a b ill usually o n every mont h. Internet connection is an Expense for t h e company and it is recorded in Income Statement for t he accou nting period. W he n t he compa ny paid for cas h or b a nk, t he n we record t he followi ng entry as s how n b elow: Internet Connection Expense a/c XXX Cas h a/c / Ba nk a/c XXX (Internet Connection Expense Paid) Accrued Internet Connection Expense Journal Entry W he n t he compa ny, w hich uses the i nternet facilities provided b y i nternet service providing company, have not b ee n paid internet connection b ill for