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if cash received then cash is debit while if cash is paid then cash is credit with other account towards which payment made or amount received.
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∙ 9y ago
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How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
What is the journal entry to record a reserve?
Debit reserve accountCredit cash / bank
How do you record a journal entry for cash receipts?
[debit] cashcredit accounts receivable
What is the journal entry to record a refund?
Debit refund accountCredit cash / bank
What is the journal entry to record receit of cash?
debit cashcredit accounts receivable
How to you record advances in journal entry?
debit advancescredit cash / bank
How do you record a journal entry for opening a cash account?
debit cash accountcredit bank account
What is Journal entry for record of wages?
[debit] wages expensescredit cash / bank
What is Journal entry record of wages?
Debit wages expensesCredit cash / bank
How do you record a journal entry for a service cost?
debit services costcredit cash
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
What is the journal entry to record a reserve?
Debit reserve accountCredit cash / bank
How do you record a journal entry for cash receipts?
[debit] cashcredit accounts receivable
What is the journal entry to record a refund?
Debit refund accountCredit cash / bank
What is the journal entry to record receit of cash?
debit cashcredit accounts receivable
How do you record cash received from a customer on a double entry journal?
debit cash / bankcredit accounts receivable
What is THE journal entry to record paid in capital?
Debit cash / bankCredit paid in capital
