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How do you record journal entry to purchase goods with trade discount?
debit goods purchased (at trade discount amount)credit cash / bank / accounts payable
Using the allowance method what does the journal entries do?
The journal entry to record the adjustment to the AFDA is as follows: Debit Bad Debt Expense Credit AFDA To record a write-off: Debit AFDA Credit Trade A/R To record a recovery of a previously written-off transaction: Debit Trade A/R Credit AFDA Debit Cash Credit Trade A/R
What is accounts payable non trade?
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.
What are the features of a journal?
there are 2 types of journal. 1. general journal 2. speacil journal
What is the journal entry for a cash purchase with discount?
Debit purchasesCredit cash / bankno entry for trade discount and in case of cash discount:Debit purchasesCredit cash / bankcredit discount
When was The Mining Journal - trade magazine - created?
The Mining Journal - trade magazine - was created in 1835.
How frequent is Tea and Coffee Trade Journal published?
The Tea & Coffee Trade Journal is published on a monthly basis. The journal is published by Lockwood Publications, Inc. The entire journal can be read online at the Tea and Coffee website.
What are the advantages and disadvantages of a trade journal?
There are many advantages that come along with keeping a trade journal. Some of them include, the ability to have information about your investments at your fingertips anytime that you need it, and it also gives you a place to track investments that you might be interested in later. One of the disadvantages to this type of journal is that it can be time consuming.
What is the Scottish Gaelic word for a journal?
If you mean a journal as in a diary it would be leabhar-latha, if you me journal as in a newspaper or a trade journal, it would be pà ipear-là itheil.I'm not good enough with my spoken Gaelic to be able to tell you how either would be pronounced tho.
How do you record trade discounts in the General Journal?
shyama/c........dr to purchases a/c
What is the best distribution method of business to business advertising?
Mailings will reach a broader audience of people than a trade journal, however, a trade journal will assure you that the correct audience will be reading your advertisement. If you are solely trying to reach businesspeople in your advertising, trade journals may be the better way to go.
What is the journal entry for car trade in?
[Debit] New Car[Debit] Accumulated depreciation[Credit] Cash / bank[Credit] Trade-in Old car
How do you record journal entry to purchase goods with trade discount?
debit goods purchased (at trade discount amount)credit cash / bank / accounts payable
Using the allowance method what does the journal entries do?
The journal entry to record the adjustment to the AFDA is as follows: Debit Bad Debt Expense Credit AFDA To record a write-off: Debit AFDA Credit Trade A/R To record a recovery of a previously written-off transaction: Debit Trade A/R Credit AFDA Debit Cash Credit Trade A/R
What is accounts payable non trade?
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.
What is four names of professional trade magazines?
"Forbes" "Harvard Business Review" "Wall Street Journal" "Bloomberg Businessweek"
What is the name of the person who created the Calmar ratio?
It was created by Terry W. Young and first published in 1991 in the trade journal Futures.
