[Debit] Cash / bank
[Credit] Services revenue
debit accounts receivablecredit services revenue
[Debit] cash / bank xxxx [credit] sales xxxx
debit cash receivedcredit accounts receivable
Debit cash / bankCredit owners capital
Dr cash/bank Cr discount received
debit accounts receivablecredit services revenue
[Debit] cash / bank xxxx [credit] sales xxxx
debit cash receivedcredit accounts receivable
A cash advance received from customer journal entry is required when a business receives a cash payment from a customer in advance of delivering goods or services.
Debit cash / bankCredit owners capital
Dr cash/bank Cr discount received
Banks have taxes.
debit cash 12000credit ajay 12000
debit cash 3000credit raman 3000
debit cash 12000credit ajay 12000
debit services costcredit cash
debit cash / bankcredit accounts receivable