journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
debit depreciationcredit cash
Debit Cash Credit Sales
debit asset credit bank
journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
Debit Expense Credit Bank
debit depreciationcredit cash
Debit Cash Credit Sales
debit asset credit bank
general journal
Debit treasury stockCredit cash / bank
Debit expensesCredit cash / bank
Debit payrollCredit cash / bank
Debit accounts receivableCredit sales revenue
debit salary expensecredit cash