I would like to know how accounting journal entries would differ on acquisition in compliance with IAS a) under pooling interest method b) under purchase mehod Appreciate this is explained in detailed numbers for acquiree & acquirer.
debit giftcredit capital
Debit prepaid inventoryCredit cash / bank
The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.
Debit fixed assetCredit cashcredit rebate
Debit salaries expenseCredit cash / bank
debit assetcredit donations
debit basketballcredit cash
. 1. Based on the bank reconciliation prepare the journal entries.. Alaine Alvarez consulting July 31
debit installation chargescredit cash
debit giftcredit capital
Debit prepaid inventoryCredit cash / bank
Debit accounts payableCredit cash / bank
The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.
debit accounts receivablecredit sales revenue
Debit fixed assetCredit cashcredit rebate
debit stamp age purchasecredit cash
Debit salaries expenseCredit cash / bank