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Related Questions
How do you rent payment pass the journal entry?
debit rent expensecredit cash / bank
What is the journal entry if bank pay the amount to vendor on behalf of the company?
No entry at the time of payment by bank and entry is recorded when bank reconciliation with bank and information arrive from bank.
How can you pass entry for cash payment?
cash dr. to party.
What is the Journal entry for purchase of asset by advance payment?
Debit advance payment for assetCredit cash / bank
What entry is made when a payment is made to a creditor?
When a payment is made to a creditor, the following journal entry is recorded in the books of accounts
How do you pass entry for payment received from debtors in journal as well as in payment?
debit cash / bankcredit accounts receivable
What is journal entry for gratuity payment?
[Debit] Gratuity [Credit] Cash / bank
What is the journal entry payment to the vendor?
Debit accounts payableCredit cash /bank
Journal entry for payment to suppliers?
debit accounts payablecredit cash / bank
Recording a Journal Entry payment on account?
Debit accounts payableCredit cash / bank
Journal entry for Payment of credit purchase by a Cheque?
BY VENDOR Dr TO BANK Cr
What is the journal entry payment of electricity bill by cheque?
debit electricity billcredit bank
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