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If a company gives a director a loan of 15000 how do I record a general journal entry?
YoshidaRhodegp6750
If a company gives a director a loam of 15000 you will record it on the debit section of the general journal entry.
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∙ 10y ago
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What record that contains all accounts of company?
general ledger, general journal, special ledger, special journal, column balance ledger.
A sales return for credit on account would be recorded in what type of journal?
General Journal Sales Returns and Allowances - A company with sales returns and allowances can record them in the General Journal.
If a company gives a director a loan of 15000 how do I record a journal entry what accounts is involved?
[Debit] Loan to director 15000 [Credit] Cash / bank 15000
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Tax is an expense, you do not record it in a balance sheet but on the general journal.
In bookkeeping, what is the record of original entry?
The General Journal
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Tax should be recorded in the general journal because it is an expense.
Do you only record credit transactions in general journal?
we can also record cash transactions too
How do you record trade discounts in the General Journal?
shyama/c........dr to purchases a/c
What is the General journal entry to record investment?
debit investment accountcredit cash / bank
What is proper journalism?
The Journal Proper is the record both in which miscellaneous credit transactions are entered that do not fit in other books. It is also called the Journal Residual or the General Journal.
What are the accounting journal entries to record an overcharged cost that was posted to an expense purchase to Accounts Payable and was paid at a later date?
general journal
How do i record in a journal entry an amount of 5000 should be transfered to the general reserve account?
You record on the debit side an amount of 5000 that should be transferred to the general reserve account.
