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Bank A/c Dr.
To Loan A/c Cr.
Reason: here the business is not getting owners equity.
Wiki User
∙ 11y ago
Wiki User
∙ 9y agodebit bank
credit capital
it does not matter form where amount acquired.
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What is the journal entry of business started with cash deposite in to bank?
show me journal entery answer started buiness
What are the general journal entries -pay the payroll?
debit payroll expensescredit cash / bank
What are some journal entries?
Example of journal entries are as follows: 1 - Start of business [Debit] Cash /bank / goods [Credit] owners equity 2 - Purchase of asset [Debit] Asset account [Credit] Cash / bank 3 - Increase of capital [Debit] Cash / bank [Credit] Owners equity 4 - Decrease in capital [Debit] Treasury Stock [Credit] Cash / bank
What are the accounting journal entries to record a prepaid inventory?
Debit prepaid inventoryCredit cash / bank
What is the journal entries for deposit paid on a asset?
deposit account (asset) = dr bank =cr
What is the journal entry of business started with cash deposite in to bank?
show me journal entery answer started buiness
Which journal would you enter commencing business entries?
debit cash / bank/ assetscredit capital
General journal entries?
. 1. Based on the bank reconciliation prepare the journal entries.. Alaine Alvarez consulting July 31
What are the general journal entries for donation received to bank account?
Debit bank accountCredit donation
How you pass journal entry of started business?
When business is started with cash: cash a/c dr. To capital a/c
What is the journal entries for real account?
EXAMPLE: Cash A/C DR To Bank A/C
What are the general journal entries -pay the payroll?
debit payroll expensescredit cash / bank
What is a journal voucher?
The entries such as "Rectification Entries", "Adjustment Entries", "Closing or Opening Entries" and Making or Providing for estimates are passed through an internal document called Journal Voucher. Book Entries are classified as: 1) Purchase Order Based Entries - Booking expenses and liability via GRN against a P.O 2) Sales Order Based Entries - Booking Sales & Scrap Sales 3) Treasury Entries - Entries involving Bank or Cash 4) Debit Notes 5) Credit Notes 6) Journal Entries Journal Voucher is the document through which the Journal Entries are made into the books.
What are some journal entries?
Example of journal entries are as follows: 1 - Start of business [Debit] Cash /bank / goods [Credit] owners equity 2 - Purchase of asset [Debit] Asset account [Credit] Cash / bank 3 - Increase of capital [Debit] Cash / bank [Credit] Owners equity 4 - Decrease in capital [Debit] Treasury Stock [Credit] Cash / bank
What are the accounting journal entries to record a prepaid inventory?
Debit prepaid inventoryCredit cash / bank
What are the accounting journal entries to record paid on account?
Debit accounts payableCredit cash / bank
What journal entries are required for goodwill in a purchase?
debit goodwill accountcredit cash / bank account
