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"Paid in full" means that the debt has been met. It's settled.
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∙ 16y ago
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What is the journal entry for Freight paid in full with a check?
freight a/c dr to cash
When an account is paid in full what entry needs to be recorded in the journal?
debit cash bankcredit accounts receivable
Paid salaries of Rs 4000 to office staff what is the journal entry of the transaction?
Accounting EntrySalaries a/c xxxxxCash a/c xxxBank a/c xxx
What is the journal entry for bill received?
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
How do you made a journal entry for loan repayment schedule?
There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.
What is the journal entry for Freight paid in full with a check?
freight a/c dr to cash
When an account is paid in full what entry needs to be recorded in the journal?
debit cash bankcredit accounts receivable
Paid salaries of Rs 4000 to office staff what is the journal entry of the transaction?
Accounting EntrySalaries a/c xxxxxCash a/c xxxBank a/c xxx
What is the journal entry for bill received?
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
Journal entry of entry tax paid?
[Debit] Tax paid [Credit] Cash / bank
How do you made a journal entry for loan repayment schedule?
There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.
What is an accrual journal entry?
Accrual journal entry means that entry the transaction of which is occurred already but payment is not yet received or paid to other party.
What is the opening journal entry for paid up capital?
capital
What is the journal entry of bought a three year insurance policy and paid in full?
[Debit] Insurance policy Asset [Credit] Cash / bank
What is THE journal entry to record paid in capital?
Debit cash / bankCredit paid in capital
What is the journal entry of paid to David on behalf of Andrew?
Journal entry is as follows: [Debit] David A/c xxxx [Credit]Andrew A/c xxxx
What is the journal entry of interest paid?
Debit interest expenseCredit cash
