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[Debit] Bank Account
[credit] Cash Account
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∙ 9y ago
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What is the journal entry for deposit to bank account for beginning a business?
Journal entry for opening a bank account
What is the journal entry for deposit for future subscription of stocks?
debit deposit for future subscriptioncredit cash / bank
What is the journal entry for cash deposit for Fixed deposit in bank?
debit bank accountcredit cash / bank
What is the general journal entry for cash deposit?
Cash deposit to bank has contra entry as follows: [Debit] Bank account [Credit] Cash account
What is the journal entry when a term deposit is created?
Debit term depositCredit cash / bank
What is journal entry to record certificate of deposit?
debit certificate of depositcredit cash / bank
What is the journal entry for accrued for interest on certificate of deposit?
debit interest receivablecredit interest income
What is the journal entry when customer paid deposit for accrued sales?
debit cash / bankcredit accounts receivable
What are the accounting journal entries to record security deposit?
The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.
What is a journal entry for opened a bank account and deposit 50000?
Debit bank account 50000Credit cash 50000
What is a compound journal entry?
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
How do you do journal entry for Forecasting Sales?
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
