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debit insurance premium expense
credit cash / bank
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debit insurance premiumcredit cash / bank
debit insurance premiumcredit cash / bank
Debit annual insurance premiumCredit cash / bank
Life insurance a/c......... Dr to cash a/c
prepaid insurance a/c..........dr. To insurance a/c
Insurance acc Dr 1000 Cash acc Cr 1000 P&L acc Dr 1000 To insurance acc Cr 1000
debit cashcredit share capitalcredit share premium
debit interest expensedebit bond premiumcredit cash
debit prepaid insurancecredit cash / bank
debit prepaid insurancecredit cash
debit accrued insurance expensecredit insurance payable
premium remained in capital projects fund, is there an journal entry for this
Debit workers compensation insuranceCredit cash / bank
Debit life insurance paidCredit cash / bank
1 - General journal entry2 - Adjusting journal entry3 - Month end adjusting entry
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
debit employee health insurancecredit cash / bank
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
[Debit] Insurance policy Asset [Credit] Cash / bank
Check out www.bondterrier.com which is an interactive learning tool dealing with Accounting for the Life-Cycle Events of Bond Liabilities that are (a) Convertible into Common Equity at the Holder's Option and (b) Callable at the Issuer's Option. Journal entries are provided for Issuance; Interest Payments; Discount/Premium Amortization; Conversion; Call; Maturity.
[Debit] Purchases [credit] Cash (partial) [credit] accounts payable (balance)
there are adjustments are in journal entries but there is no certain meaning, definitions for the term 'journal entry adjustment'
Recording of a transaction in an accounting journal, such as the General Journal. The journal entry has equal debit and credit amounts, and it usually includes a one-sentence explanation of the purpose of the transaction is called journal entry.
Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
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