0
When December rent is paid in November which account is debited?
Wiki User
∙ 11y ago
Prepaid Rent is debited.
Xander Weimann
Add your answer:
Earn +20 pts
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When December rent is paid in November it is debited to accounts?
Prepaid Rent is debited.
When the seller is paid the customer's account is.credited or debited?
debited
When the seller is paid the customer's account is credited or debited?
credited
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 December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When December rent is paid in November which accounts is it debited?
Prepaid Rent is debited.
When December rent is paid in November it is debited to accounts?
Prepaid Rent is debited.
When the seller is paid the customer's account is.credited or debited?
debited
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
Rs 1000 paid as rent to landlord should be debited to which A C?
Rent account or landlords account
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.
How do you find out information about when your loan was paid off?
If you were unable to monitor your payments based on the term of your loan and number of payments to be made, the best way to get information is to contact your bank account officer who can verify these for you. If you were required to issue post dated checks or that payments be debited from your account, then the date of the last check you issued or the last date your account was debited would indicate that you have fully paid off your loan. If you were required to make periodic payments over the counter, usually the bank will send you notice if you failed to pay an amortization for a certain period. You can also request for a certification from the bank on your fully paid loan for your records.
Is the payment of account payable affect of cash?
Yes, generally a payment towards an account payable affects cash. Unless by some odd chance you are bordering "trading item for item" then you pay with cash. Cash will be credited the amount paid while the account payable will be debited the same amount.
What would the journal entry be if expenses are paid out of personal cash?
I think that you mean a debit which goes on the left side of the journal or in your record book
Explain why gross earnings not net pay is debited to the salaries expense account?
Gross earnings are deducted from the salaries expense rather than the net pay because the amounts withheld are liabilities to the company and get paid every quarterly period.
