0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Accounting equation for purchase supplies for cash?
supplies cash
What account is affected in an account journal when you avail of purchase discount for office supplies that was bought on account?
Accounts payable and Cash accounts
What will be the journal entry Office supplies purchased in cash but not used?
debit office suppliescredit cash
Does cash budget include operating supplies?
operating supplies
A purchase of supplies for cash is recorded in the?
cash payment journal
What is the journal entry for a cash purchase?
Debit Asset a/c if asset a/c is bought and credit Cash a/c OR if these are sundry supplies debit that head and credit cash acct
Accounting equation for purchase supplies for cash?
supplies cash
What account is affected in an account journal when you avail of purchase discount for office supplies that was bought on account?
Accounts payable and Cash accounts
What will be the journal entry Office supplies purchased in cash but not used?
debit office suppliescredit cash
Does cash budget include operating supplies?
operating supplies
A purchase of supplies for cash is recorded in the?
cash payment journal
What will be the journal entry dental supplies purchased in cash and used at a later time?
[Debit] Dental Supplies [Credit] Cash
Which journal entry records payment for supplies?
The journal entry to record payment for supplies would involve crediting the cash account and debiting the supplies expense account.
Where can teacher supplies be bought at?
"Teacher supplies can be bought at numerous places. Some of the places to find teacher supplies are WalMart, Homeroom Teacher, Education Station, and Nextag."
In accounting Cash purchase of supplies should be recorded in what?
cash payments journal
Journal entry for purchased dental supplies and supplies that are on hand?
Debit dental supplies inventoryCredit cash / bank
Does cash purchase of equipment go in the cash receipt journal?
cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capitalDebit Asset a/c if asset a/c is bought and credit Cash a/c OR if these are sundry supplies debit that head and credit cash accept.we have some confusion about format of cash recipts.is it true?
