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What would the journal entry be to record an accured revene?
[Debit] Revenue receivable [Credit] Accrued revenue
How do you record Accounts Receiveable?
[Debit] Accounts receivable xxxx [Credit] Sales revenue xxxx
What to debit after increasinf accounts receivable?
the debit will be to the accounts receivable because a debit increases it. the offset account in this entry is usually a revenue account. so therefore a credit to revenue.
Is revenue a cash or debit?
Revenue is always credit as all revenue accounts has credit balance as normal balance and cash received or accounts receivable is debit against it.
What journal entry to record sale of inventory?
Debit Cash / bank / accounts receivable xxxx Credit Sales revenue xxxx
What is journal entry to record the completion of a service for which payment has not been received?
[Debit] Accounts receivable [Credit] Service sales revenue
What journal entry will halpin make to record the May 1 sale?
[Debit] Cash / bank / accounts receivable [Credit] Sales Revenue
How do you jourmalize sales on account?
[Debit] accounts receivable [Credit] Sales revenue
How do you sales entry?
Debit Accounts receivable / cash Credit Sales revenue
What is the Journal entry for sale on credit?
Debit accounts receivable xxxx credit sales revenue xxxx
How do you enter sales entry?
Debit Accounts receivable / cash Credit Sales revenue
How do you record a journal entry for a completed service that has not yet been billed?
debit accounts receivable and debit service revenue
