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What will journal entry of received R's 4000 as advance from a and sold goods to R's 6000 to a?
Wiki User
∙ 9y ago
debit advance cash 4000
credit A 4000
debit a 6000
credit sales revenue 6000
Wiki User
∙ 9y ago
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What is journal entry tp make order?
There is no entry required when order is placed instead of entry is made when goods received or payment made in advance.
What is the Journal entry for collected 770 in advance from a customer?
A cash advance received from customer journal entry is required when a business receives a cash payment from a customer in advance of delivering goods or services.
What is the journal entry of Advance received from debtors?
Debtors are those customers who purchase goods from company on credit so no advance can be issued by debtors. on the other hand advance can be received from customers and accounting entry is as follows: [Debit] Cash / bank [Credit] Unearned revenue
What is the journal entry if goods received but invoice is not received?
i received goods but not invoice so i have not actually paid for my goods? help
What is journal entry for when goods are received?
debit goods / inventorycredit accounts payable
What is the journal entry for goods received?
Debit goods receivedCredit accounts payable
What is the journal entry of advance paid to supplier of goods?
debit advances to suppliercredit cash / bank
What will be the journal entry if the invoice is received from supplier?
There is no entry for receiving invoice from suppliers rather entry is made when goods purchased from suppliers.
What would the journal entry be for payment received for goods previously sold on credit?
debit cash / bankcredit accounts receivable
What is the accounting entries when goods are bought on credit?
The journal entry is the accounting entry which lists the goods that are bought on credit.
What is journal entry for purshase of goods?
Debit goods purchasesCredit cash / bank
Journal entry for Invoice received but goods not received?
I believe the answer is as follows: If payment not made : No action If payment made : Dr Purchases Cr Bank Can someone verify this? Thanks!
