0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What does the closing entry process consist of?
Last night at Midnight.
You record the debit entry for transaction A 51 in the journal as?
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
Does a debit entry always increases an account's balance?
no
Why the trial balance always be in balance?
Trial balance is always balance because of every entry in double entry system is in balance as related to debit account and credit account.
What should be Journal entry for creation of general reserve?
Reserves always created from profit. Therefore the Journal entry will be for creating reserves Dr Profit & Loss A/c CR Reserve A/c
What does the closing entry process consist of?
Last night at Midnight.
You record the debit entry for transaction A 51 in the journal as?
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
What should the matter of diary entry consist?
there's no should but diary imply everyday stuff for student school, project, extracuricular for adults work, project, hobby club etc
I am doing an entry and its due tues. Is a persons physical health related to mental health?
Absolutely.
Does a debit entry always increases an account's balance?
no
Why the trial balance always be in balance?
Trial balance is always balance because of every entry in double entry system is in balance as related to debit account and credit account.
What should be Journal entry for creation of general reserve?
Reserves always created from profit. Therefore the Journal entry will be for creating reserves Dr Profit & Loss A/c CR Reserve A/c
What is uniform symbol table?
Uniform symbol table are of fixed size and consist of the syntactic class and a pointer to the table entry of the associated basic element.
What must a journal entry always include?
a journal entry must include atleast one debit and one credit account to be a legal journal entry.
Does An adjusting entry always involves two balance sheet accounts?
NO
How do you correct an error made in a nursing entry?
You would draw a single line through the entry, such as entry. You would then initial it and write mistaken entry. NEVER label as error. The end result should look like this: entry mistaken entry, J.D.
What control zone should a responder limit his shortest entry period?
The control zone that a responder should limit his shortest entry period to is the collapse zone.
