cash at bank dr account opayable cr
Outstanding expenses are those which are yet to be paid in current financial year. Journal entry would be Expenses a/c dr to Outstanding expenses a/c Outstanding expenses should be crecdited because its a liability for the company.
Journal of Acquired Immune Deficiency Syndromes was created in 1988.
Debit outstanding expensesCredit expenses payable
outstanding rent
[Debit] Outstanding expenses [Credit] Cash / bank
outstanding salaries a/c....................dr to outstanding expenses
What_is_a_cash_receipt_journalcash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital All cash payments made by the company.
If dividend received is reinvested then there is no journal entry is required and this information can be mentioned through the use of memo entry.There is no journal entry required for dividend received reinvested as nothing is received by person or company so memo entry is enough for information purpose.
debit truck accountcredit donation / retained earnings
outstanding rent account dabit to Mr ashwin
no entry when invoices received, journal entry made when transaction occured and not when invoices received.
Outstanding income a/c CR to Customer a/c Dr