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debit interest receivable
credit interest income
Wiki User
∙ 9y ago
Wiki User
∙ 11y agoInterest expense
Interest Payable
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What is the journal entry of interest due not paid?
debit interest expensecredit interest payable
What is journal entry when started business by borrowing cash from friend with interest 12 percent?
[Debit] Cash account xxxx [Credit] Capital xxxx Interest will paid after a year when it will due.
What is the journal entry of telephone bill is due to be paid?
debit telephone expensescredit expenses payable
What is the journal entry to write off a customer account due to bankruptcy?
Debit bad debtsCredit accounts receivable
If a department store fails to make the entry to accrue the finance charges due from customers?
interest revenue will be understated.
What is the journal entry of interest due not paid?
debit interest expensecredit interest payable
What is journal entry when started business by borrowing cash from friend with interest 12 percent?
[Debit] Cash account xxxx [Credit] Capital xxxx Interest will paid after a year when it will due.
What is the journal entry of telephone bill is due to be paid?
debit telephone expensescredit expenses payable
What should be the journal entry for cash due but not paid?
debit accrued expensescredit expense payable
What is the journal entry of rent income?
rent due to landlord
What is the journal entry to write off a customer account due to bankruptcy?
Debit bad debtsCredit accounts receivable
If a department store fails to make the entry to accrue the finance charges due from customers?
interest revenue will be understated.
What is the journal entry in purchasing software?
The journal entry for purchasing software involves debiting the software asset account to reflect the cost of the software and crediting the cash or accounts payable account depending on the method of payment. This entry recognizes the increase in assets due to the software purchase and the corresponding decrease in cash or increase in liabilities.
Tally 7.2 purchase voucher as voucher mode?
i want to use reference of a customer in journal entry to clear the due balance of customer from finance company. how i ll do that? please help me.
Is interest on debentures included in estimating factor income?
yes interest on debentures is to be included in national income, this is as debentures are used fro production purposes and hence income received due to it is a part of factor income
What is due when the loan is repaid?
interest is due.
What is theft due to forcible entry?
burglary
