[Debit] Accounts Receivable 1250
[Credit] Services sales 1250
what is the journal entry for purchase returns
General Journal
Purchases journal
In order to answer this question, you would need to know the amounts that were originally provided in the account balance and the ones that were booked in the ledger.
The General Journal.
what is the journal entry for purchase returns
General Journal
Purchases journal
In order to answer this question, you would need to know the amounts that were originally provided in the account balance and the ones that were booked in the ledger.
There are two account titles in the column of the purchases journal because if a purchase is made for cash, the transaction is not recorded in the purchases journal.
The General Journal.
Journal entry for opening a bank account
journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.
There are two account titles in the column of the purchases journal because if a purchase is made for cash, the transaction is not recorded in the purchases journal.
Journal
journal
[Debit] Depreciation account [Credit] Asset account