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debit accounts receivable
Credit sales revenue
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What is the journal entry to record letter of credit?
I received letter of credit from my customer how i have to enter my entries
What are the accounting journal entries to record a purchase of inventory on credit with payment terms and delivery terms of FOB destination?
In the accounting journal, enter the bill amount for the inventory under the credit column. Under the debit column, enter the payments made towards the inventory.
How do you enter dividends on a journal entry?
[Debit] Proposed dividend [Credit] Dividend payable [Debit] Dividend payable [Credit] Cash / bank
How do you enter rent received and rent receivable in accounts?
Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable
When would you enter a general journal adjustments in an accounting package?
General journal entries are transactions that you use to track general expenses. You would enter a general journal adjustment in an accounting package for a special situation only.
What is the journal entry to record letter of credit?
I received letter of credit from my customer how i have to enter my entries
What are the accounting journal entries to record a purchase of inventory on credit with payment terms and delivery terms of FOB destination?
In the accounting journal, enter the bill amount for the inventory under the credit column. Under the debit column, enter the payments made towards the inventory.
How do you enter dividends on a journal entry?
[Debit] Proposed dividend [Credit] Dividend payable [Debit] Dividend payable [Credit] Cash / bank
Where to enter cash and credit purchase?
Purchases Journal & Cash Payments Journal.Also called as Specialized Jounal Entries. Purchases Journals record transactions that involve purchases on credit. Source documents here would probably be invoices. The purchase of inventory on credit is recorded in the purchases journal. Cash Receipts Journal record transactions that involve payments received with cash Source documents would probably be receipts and cheque butts.
How do you enter rent received and rent receivable in accounts?
Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable
How do I prepare a journal to enter the write off a determined amount noncollectable account of 5000?
[Debit] Bad debts Account 5000 Credit Accounts receivable 5000
How do you enter journal entries in tally 72 for eg you are purchasing some materials like penpencilrubber etc from XYZ?
Debit Stationary account Credit XYZ account
Why won't Verizon accept my credit card info whenever i enter my credit card stuff to order something on their website it says it's wrong.?
It could be a number of reasons. If your billing address is not quite right it won't accept the order. I work at a gift shop and when someone enters their credit card information incorrectly online it tells us it's wrong. Sometimes it can be as simple as abbreviating something that your financial institution does not abbreviate. Check with your credit card company on how they have your billing address listed.
How do we enter journal entries in tally 7.2 for eg We are purchasing some materials like penpencilrubber etc from XYZ?
How do we enter journal entries in tally9
When would you enter a general journal adjustments in an accounting package?
General journal entries are transactions that you use to track general expenses. You would enter a general journal adjustment in an accounting package for a special situation only.
Is it easy to do a payment online with a credit card?
Yes, it is generally quite easy to make payments online with a credit card. Just have your card handy and enter the pertinent information the page is asking for. You will likely get a confirmation number. Most place will actually allow you to store your billing information so that you do not need to enter it each time you want to make a payment.
How would you enter the following data into a T account in a journal entry Purchased equipment for 9000 Paid 1500 cash and the balance was 375 dollars for 20 months?
Debit Equipment 9000 Credit Cash 1500 Credit Account payable 7500
