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What is the journal entry to record accrued interest expense?
Debit Accrued Interest Expense Credit Accrued Interest Payable
What is the journal entry to record interest expense and bond premium?
debit interest expensedebit bond premiumcredit cash
What journal entry accrues interest expense?
DR - Interest Expense CR - Interest Payable
What is the journal entry of accrued interest?
[debit] Interest expense [credit]interest payable
What is the journal entry to record payment of accrued interest?
[Debit] Interest expense xxxx [Credit] Interest payable xxxx [Debit] Interest payable xxxx [Credit] Cash / bank xxxx
What is the journal entry for Interest due but not received?
debit interest receivablecredit interest income
How do you record a journal entry to reverse the expense booked?
debit cash / bank / accounts payablecredit expense account
What is the journal entry to record accrued interest income?
debit interest receivablecredit interest income
What is the journal entry to record interest on a loan?
Journal Entry:Interest on loan a/c xxxxLoan a/c xxxx
What is the journal entry to record an accrued exp?
debit: expense account credit: account payable (vendor)
What is journal entry to record out of pocket business expense?
debit business expensescredit owner capital account
The journal entry to record depreciation expense consists of a credit to Accumulated Depreciation and a debit to the asset being depreciated?
Debit is to depreciation expense.
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