answersLogoWhite

0


Best Answer

debit parties account
credit cash

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the Journal entry of cash deposited into parties account?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the general journal entry for cash deposited to bank?

Debit Bank account Credit Cash account


What is the journal entry for cheque of another bank deposited to bank?

[Debit] Bank account [Credit] Cash account


What is journal entry of received cheque from ram and deposited into bank on same day?

debit bank account and credit ram account


What is the journal entry of deposited in bank and contributed 39000 to start a business?

debit bank 39000credit capital account 39000


What is the journal entry for check deposited to bank?

DR. Bank (specifying the bank account name) CR. Cheques Under Collection


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 cash deposited to bank?

The journal entry would be: Bank A/c Dr To Cash A/c


What needs to happen when recording a journal entry for a sale account?

When recording a journal entry for a sales account, ensure that the sales are strictly done on credit terms.


Why do you need to re class a journal entry?

if journal entry is misclassified to some other account then it is required to re-classify the journal entry for correct impact or record purposes.


Paid 600 to Royal Company on account. what is the journal entry of this transaction?

The journal entry is Account Payable - Royal Company (debit) 600 Cash (credit) 600


What must a journal entry always include?

a journal entry must include atleast one debit and one credit account to be a legal journal entry.


What is the journal entry for a purchase purchased on account of 54780?

Purchase Credit Journal Entry is the journal entry passed by the company in the purchase journal of the date when the company purchases any inventory from the third party on the terms of credit. The purchases account will be debited. The creditor’s account or account payable account will be credited to the company’s books of accounts. visit our page : ieqsgroup .com/about-us