Debit Auditors expenses
Credit cash / bank
expense
Debit Warranty Expense Credit Warranty Liability
Payable Account XXX Expense Account XXX
DR - Interest Expense CR - Interest Payable
what is the entry for an excess payment from customer
debit cash / bank / accounts payablecredit expense account
A compound entry in a general journal is any entry that has more than one debit or credit value. A compound entry is used to close the expense accounts because you will need to credit all of the expense accounts, then debit either the Income Summary, or the Capital itself.
[Debit] Salary expense [Credit] Cash / bank
Debit prepaid expensesCredit cash / bank
Db wage expense Cr cash
basic salary 21967 / salary of September
Debit depreciation expenseCredit fixed asset