answersLogoWhite

0

Letter of credit journal entries

Updated: 9/14/2023
User Avatar

Wiki User

9y ago

Best Answer

To get a letter of credit journal entries you must write to the accounting department. It is important to include the reason for the letter, so that you can get the information you request.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Letter of credit journal entries
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the journal entry to record letter of credit?

I received letter of credit from my customer how i have to enter my entries


How do you make Journal entry for recording Letter of Credit goods?

L/C related all journal entries


How do you undo journal entry?

journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.


The entries in a sales journal will show?

Entries in sales journal shows all the sales company has made on credit and no other transaction is part of sales journal account.


How do you solve journal entries?

purchased additional tools on credit yk. 350


What is the accounting journal entries for penalties and interest an taxes?

The accounting journal entries for penalties and interest on taxes will go in the debit and credit columns. You debit the expense account and credit the liability account until the penalties and interest is paid.


What is the accounting entries when goods are bought on credit?

The journal entry is the accounting entry which lists the goods that are bought on credit.


What are the accounting journal entries for theft of cash?

[Debit] Theft Cash [Credit] Cash


What is a journal voucher?

The entries such as "Rectification Entries", "Adjustment Entries", "Closing or Opening Entries" and Making or Providing for estimates are passed through an internal document called Journal Voucher. Book Entries are classified as: 1) Purchase Order Based Entries - Booking expenses and liability via GRN against a P.O 2) Sales Order Based Entries - Booking Sales & Scrap Sales 3) Treasury Entries - Entries involving Bank or Cash 4) Debit Notes 5) Credit Notes 6) Journal Entries Journal Voucher is the document through which the Journal Entries are made into the books.


What are the accounting journal entries for guaranteed payments to partners?

Debit:Partners Capital Credit: Accounts Payable


What are the Journal entries for treasury bills purchased on discount?

debit cash credit bills purchase


How do you pass the journal entries for salary deductions?

[Debit] Salaries Expense [Credit] Salaries payable (balancing amount) [Credit] Deductions