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What journal entry is needed to debit for bank service charges?
[Debit] Bank service charges [Credit] Bank account
What is the journal entry for bank services charges?
[Debit] Bank service charges xxxx [Credit] cash / bank xxxx
What is the accounting journal entry to record settlement charges?
Debit settlement chargesCredit cash /bank
What is journal entry of electricity charges?
Debit electricity chargesCredit cash /bank / accounts payable
What is difference between credit card and debit card.?
Charges against a debit card are withdrawn directly from your checking account, it's similar to writing a check. Charges against a credit card are accumulated and you are sent a bill at the end of the month for the money you borrowed with possible fees. with a credit card you are using the banks money. with the debit card you are using your own money.
What journal entry is needed to debit for bank service charges?
[Debit] Bank service charges [Credit] Bank account
What is journal entry for bank charges?
bank charges a/c debit to cash a/c credit
Where you recorded the Advocate fees charges in bookkeepinh?
Debit P&L
What is the price a bank charges to use its money called?
Debit Interest
What is a miscellanous debit?
It could be anything... from an unrecognised creditor to bank charges.
What is the journal entry for bank services charges?
[Debit] Bank service charges xxxx [Credit] cash / bank xxxx
What is the accounting journal entry to record settlement charges?
Debit settlement chargesCredit cash /bank
Can a royal bank of Canada debit card be used in UK without charges in Canada?
yes
What is journal entry of electricity charges?
Debit electricity chargesCredit cash /bank / accounts payable
How much cost would you incur if you choose direct debit UK payment system?
It depends on the direct debit provider whether the setup will be free or they would ask for charges. Some providers setup the direct debit software absolutely free with zero monthly charges too. I am not aware of other providers but my Gym centre uses Accesspay as a direct debit provider. Their direct debit software also offers you a reporting and dashboarding feature that will immediately alert you of any problems in collections.
What is difference between credit card and debit card.?
Charges against a debit card are withdrawn directly from your checking account, it's similar to writing a check. Charges against a credit card are accumulated and you are sent a bill at the end of the month for the money you borrowed with possible fees. with a credit card you are using the banks money. with the debit card you are using your own money.
What is the journal entry for this transaction Added 460 to mendosa customer balance for finance charges on unpaid balances?
debit finance charges 460credit balance payable 460
