account payable
Merchandise Inventory is an asset account, so the normal balance is Debit.
A debit to the vendor's subsidiary account.
As a debit to the accounts payable account and a credit to the purchases returns and allowances account
debit
A purchase you make is a DEBIT against your account.
Merchandise Inventory is an asset account, so the normal balance is Debit.
debit merchandise 1900credit philips 1900
A debit to the vendor's subsidiary account.
A debit to the vendor's subsidiary account.
A debit to the vendor's subsidiary account.
As a debit to the accounts payable account and a credit to the purchases returns and allowances account
debit
A purchase you make is a DEBIT against your account.
[debit] Merchandise account 12000 [Debit] Freight in 485 [Credit Accounts payable / cash 12485
Debit the supplier Credit the Purchases Returns account
Debit purchases / goods accountCredit Accounts payable
debit