0
basic salary 21967 / salary of September
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is the journal entry to record accrued interest expense?
Debit Accrued Interest Expense Credit Accrued Interest Payable
What is the journal entry for payment of accrued expense?
debit accrued expensescredit cash / bank
What is the journal entry to set up an accrued expense?
Debit accrued expensesCredit expenses payable
What is the journal entry of accrued interest?
[debit] Interest expense [credit]interest payable
What is the journal entry to record an accrued exp?
debit: expense account credit: account payable (vendor)
What is the journal entry to record accrued interest expense?
Debit Accrued Interest Expense Credit Accrued Interest Payable
What is the journal entry for payment of accrued expense?
debit accrued expensescredit cash / bank
What is the journal entry to set up an accrued expense?
Debit accrued expensesCredit expenses payable
What is the journal entry to reverse an accrued expense?
Payable Account XXX Expense Account XXX
What is the journal entry of accrued interest?
[debit] Interest expense [credit]interest payable
Journal entry to record an accrued vacation expense?
Though I have never heard the term "accrued vacation expense" nor have I ever heard of a "vacation" being a business expense, however, the journal entry would be handled like most "payables". So if your company uses the account of Accrued Vacation Expense, the journal entry should be something like....Vacation Expense (debit) $XXXAccrued Vacation Expense (credit) $XXXOnce the amount is paid, a debit would be recorded in the Accrued Vacation Expense account and a credit to Cash, to remove it from the books and note that the debt (or expense) has been met.
What should be the journal entry for cash due but not paid?
debit accrued expensescredit expense payable
What is the journal entry for accrued use tax?
debit taxes expense and credit taxes payable
What is the journal entry to record an accrued exp?
debit: expense account credit: account payable (vendor)
What is the accounting entry for Accrued Expense?
Dr. Accrued Expense Cr. Cash or Cash in bank
What is the journal entry for accrued payroll?
debit to payroll expense credit to accured payroll
What is the journal entry accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
