You would debit bank and credit rent payable (this will reduce the overall rent) or other income.
No entry for receiving money order it is the journal entry for the purpose of money order that is actually recorded.
debit cashcredit accounts payable
debit cashcredit capital
Debit cashCredit other income
Debit cash / bankCredit long term bonds
[Debit] Cash / bank [Credit] Owners capital
Hi, There is no journal entry for cash shortage as you can never have money less than 0. However if the credit side of the ledger is more than the debit side of the Cash book, the entry passed is Cash/Bank A/C dr......To Bank Overdraft A/C.
debit cashcredit accounts receivable
It depends which side of the equation you're on: someone making money from copyright, or someone paying for a license.
[Debit] Truck account xxxx [Credit] Cash / bank xxxx
It is a debit because money is being taken from the account. You debit the owner's capital account and credit cash/bank.
Collections on account refer to money collected from customers who have already received goods/services on credit. Hence, the double entry is: Dr Cash Cr Accounts receivable