DR investments in branch Cr cash cash sent to branch and also if the problem uses the periodic inventory system it uses the ff: HOME OFFICE BOOKS BRANCH BOOKS DR investment in branch xxx DR shipments from HO xxx CR shipments to branch xxx CRHO xxx ****** shipping of merchandise
These would simply be called "branch entries." The textbook entitled "Meanings of Accounting" by B. Simpsen is a good source for learning more about accounting topics.
closing entries
closing entries
good to sent
An accounting cycle is basically all of the accounting procedures. This starts with journal entries and ends with the financial statements and closing of temporary accounts.
Adjusting entries in the accounting process affect a lot of different accounts. It can affect any asset, liability, or accruals and deferrals accounts.
Debit accounts payableCredit cash / bank
Debit:Partners Capital Credit: Accounts Payable
debit accounts receivablecredit sales revenue
This is a non-accounting voucher and the entries made using memo voucher will not affect your accounts.
There are many accounting entries that can be used in a real estate firm's books. For example, accountants will need to debit cash for an incoming payment, or credit accounts payable for money spent on credit.
Accounts payable non-trade is an entry that is made through a journal entry. Most accounts payable are trade and they are done through an accounts module that will automatically generate accounting entries.
general journal