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What would the journal entry be if expenses are paid out of personal cash?
Wiki User
∙ 10y ago
I think that you mean a debit which goes on the left side of the journal or in your record book
Wiki User
∙ 13y ago
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What is journal entry of outstanding expenses?
Outstanding expenses are those which are yet to be paid in current financial year. Journal entry would be Expenses a/c dr to Outstanding expenses a/c Outstanding expenses should be crecdited because its a liability for the company.
What is the journal entry for deferred revenue?
As it is a advance receipt the journal entry would be cash dr. to deferred revenue
What would be journal entry to accrue the expenses?
Expences head a/c To, expences payble account
Is a journal entry from the past summer a secondary source?
It depends. If it is your journal, or you are quoting from a journal you have actually seen, then no. A secondary source would be a newspaper report of that journal entry, for example. Unless the journal entry is stating something read or seen elsewhere, then it WOULD be a secondary source.
Which would be extensive writing a research paper b diary entry c journal entry d personal letter?
A research paper would be extensive writing. A diary, journal entry, and personal letter are all short, from a few notes to a few pages; generally, about one page unless you enjoy writing. A research paper can be 10, 15, 20, or 25 pages plus bibliography.
How would you do a Henry Hudson Journal entry?
Henry Hudson never really had a journal that we know of
What is journal entry of the fuel refilling?
The journal entry for fuel refilling would involve debiting the fuel expense account to recognize the cost of fuel purchased and crediting the cash or accounts payable account to show the payment made or liability incurred. This transaction reflects an increase in expenses and a decrease in cash or an increase in accounts payable.
How would you make a journal entry for a repurchased shares in a journal?
Debit treasury stockCredit cash / bank
Accounting where would you put a bad debt entry?
In the Journal Proper
What happens if the adjusting entries to the general ledger are wrong?
You would reverse the journal entry then record the correct entry.
What is the journal entry for unused travel expenses paid in advance?
you would label it as a prepaid expense. Debit -prepaid travel expense credit- cash
What would the journal entry be to accrue for 2007 accounting expenses that won't be received until 2008?
Debit an expense account for the amount of the expenses incurred in 2007 to recognize the expense. Credit an accrued liabilities account to reflect the amount owed as of the end of 2007.
