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When December rent is paid in November it is debited to accounts?
Wiki User
∙ 6y ago
Prepaid Rent is debited.
Rusty Hahn
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When December rent is paid in November which account is debited?
Prepaid Rent is debited.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When the seller is paid the customer's account is.credited or debited?
debited
Journal entry for salary advance paid?
When an employee receives an advance on pay an asset account called employee advances is debited and the cash paid out is credited. When the advance is repaid then the applicable expense accounts are debited and the advance account is credited.
When the seller is paid the customer's account is credited or debited?
credited
When December rent is paid in November which accounts is it debited?
Prepaid Rent is debited.
When December rent is paid in November which account is debited?
Prepaid Rent is debited.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When the seller is paid the customer's account is.credited or debited?
debited
Journal entry for salary advance paid?
When an employee receives an advance on pay an asset account called employee advances is debited and the cash paid out is credited. When the advance is repaid then the applicable expense accounts are debited and the advance account is credited.
When the seller is paid the customer's account is credited or debited?
credited
When the seller is paid the customer account is debited or credited?
credited
Are accounts payable accounts that you expect will be paid to you?
are accounts payable accounts that expect will be paid to u
Rs 1000 paid as rent to landlord should be debited to which A C?
Rent account or landlords account
Why a receipt of 300 cash on account was recorded as a 500 debit to accounts payable and a 500 credit to cash?
Do you mean that you paid $300 toward a bill you owed? If so, then Cash should have been credited the $300 and Accounts Payable debited by $300. If $500 was entered, then it looks like someone just made a clerical error and the transaction should be fixed.
What is bills accounts receivable?
Accounts receivable is money that was owed to you being paid/
Where do accounts receivable go on the balance sheet?
Paid accounts receivable appears on a balance sheet, to the extent that the amounts paid are deducted from the accounts receivables balance and added to the bank account. Therefore, the effect on the balance sheet would be as follows: decrease in asset- accounts receivables increase in asset- Cash
