Management account, cardholder account, transaction list
The transaction would increase an asset account and increase a liability account?
Management account, cardholder account, transaction list
Yes.
Managing account to card account to transaction list
Management account, cardholder account, transaction list
Managing account to card account to transaction list
A checking account
The transaction would increase an asset account and increase a liability account?
Management account, cardholder account, transaction list
Management account, cardholder account, transaction list
Management account, cardholder account, transaction list
Yes.
Managing account to card account to transaction list
Lodging money into a bank account is a transaction, as is withdrawing money. Adding interest to an account is a transaction. Direct debits are transactions. Deducting bank charges is a transaction. Basically any sort of activity involving a change of money in an account is a transaction. You will get a list of them on a bank account statement.
Give me an example for what, the transaction would decrease an asset account and decrease the owner's equity account?
Give me an example for what, the transaction would decrease an asset account and decrease the owner's equity account?