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debit dishonored cheque
credit Accounts Payable
What else can I help you with?
What is the journal entry customer goods returned on credit?
debit goods returnedcredit accounts receivable
What is the general ledger journal entry to write stale checks?
You need to check the original journal entry for the check transaction. Then reverse all the original entries by Dr where you initially Cr and vice versa.
What is the general ledger journal entry to write off accounts receivale checks?
Debit bad debtsCredit accounts receivable
What is a compound journal entry?
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
How do you do journal entry for Forecasting Sales?
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
Journal entry to write off old outstanding checks?
Debit bankCredit retained earnings
What is the journal entry customer goods returned on credit?
debit goods returnedcredit accounts receivable
Journal entry to write off payroll outstanding checks?
Debit bank accountCredit retained earnings
What is the general ledger journal entry to write stale checks?
You need to check the original journal entry for the check transaction. Then reverse all the original entries by Dr where you initially Cr and vice versa.
How do you make a journal entry for the goods are returned by the customer?
debit sales returnscredit cash / accounts receivable
What is the general ledger journal entry to write off accounts receivale checks?
Debit bad debtsCredit accounts receivable
What is a compound journal entry?
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
How do you do journal entry for Forecasting Sales?
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
Purchase return Accounting?
"Purchase returns" is the entry made in the journal that refers to "Unsatisfactory or defective merchandise/goods which is returned back to the supplier".
What is the general journal entry for returned damaged supplies for a cash refund of 300.00?
[Debit] Cash 300 [Credit]Purchased returns 300
What is the structure of a journal entry?
Recording of a transaction in an accounting journal, such as the General Journal. The journal entry has equal debit and credit amounts, and it usually includes a one-sentence explanation of the purpose of the transaction is called journal entry.
Why you post journal entry?
Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.
