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How do you journalize and post Lonnie depositing 100 dollars in a checking account in the name of Lonnie' s Mowing?
Wiki User
∙ 16y ago
Where did the cash come from? If it was from a customer: Debit Cash and Credit Sales. If it was from Lonnie, Debit Cash and Credit Loan Payable. If it was from an outstanding invoice, Debit Cash and Credit Accounts Receivable.
Wiki User
∙ 16y ago
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Does Chase bank have free checking accounts?
Chase Bank does have free checking as long as you have a minimum balance of 100 dollars. there are also interest bearing checking accounts were if you maintain a balance of at least 1500 dollars your account will receive interest on your checking account.
How much cash must be deposited to open a checking account at the Whidbey Island Bank?
"Whidbey Island bank requires you to make a deposit of 100 dollars to open a checking account with them. If you are opening a savings account, you must deposit at least 150 dollars."
How much is it to open a checking account?
It really depends on the Bank, mine was 50 dollars
How do you write a check for 100000 dollars and no cents?
One-Hundred Thousands and no/100's (assuming of course one has that much money in their checking account).
How do you write out a check for sixty dollars?
The word form is Sixty and 00/100's. First though, you must have money in the checking account and have pre-printed checks.
Can you have 300 dollars with out a checking account?
Of course, there isn't a law that says that you need a checking account to posses money.
What is the minimum amount need to start a checking account at 5th 3rd bank?
To start a checking account at a fifth third bank you must at least have a minimum of fifteen dollars, because fifteen dollars is the cost of the monthly fees to keep the checking account.
Can I get a free online checking account from Wachovia?
Yes, you can get a free online checking account if you deposit more than 1000 dollars
Does Chase bank have free checking accounts?
Chase Bank does have free checking as long as you have a minimum balance of 100 dollars. there are also interest bearing checking accounts were if you maintain a balance of at least 1500 dollars your account will receive interest on your checking account.
How much cash must be deposited to open a checking account at the Whidbey Island Bank?
"Whidbey Island bank requires you to make a deposit of 100 dollars to open a checking account with them. If you are opening a savings account, you must deposit at least 150 dollars."
How much is it to open a checking account?
It really depends on the Bank, mine was 50 dollars
What age do you need to be to start a checking account?
18 years old and you have to have 20 dollars.
Is there usually a minimum balance requirement for free checking deals?
If you are getting a free checking account. The balance reuqirement should be zero dollars and should have keep the account open with a one penny.
What is the max you can deposit in a checking account without sending up any red flags?
10 thousand dollars
Can you take two dollars out your checking account if that's all you have in there?
Yes, but the bank may close your account if it has no balance. You should check with your bank for their specific policies.
What is the procedure to transfer one's checking account balance to their savings account for HSBC bank?
The procedure to transfer ones checking account balance is the same at every bank. It is called a balance transfer. HSBC allows only 350,000 dollars to be transferred per day.
Journalize entry - Repairs to building 200 Dollars?
building repairs a\c dr 200 To cash a\c 200
