debit payroll taxesCredit cash
debit to payroll expense credit to accured payroll
Debit Payroll tax Expense Credit Payroll tax payable debit Payroll tax payable Credit Cash / bank
debit payroll expensescredit cash / bank
Debit cash / bankCredit vehicle account
debit payroll taxesCredit cash
Debit payrollCredit cash / bank
debit to payroll expense credit to accured payroll
Debit Payroll tax Expense Credit Payroll tax payable debit Payroll tax payable Credit Cash / bank
debit payroll expensescredit cash / bank
Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.
To post journal entries in QuickBooks Online, go to the "New" menu and select "Journal Entry." Enter the necessary details such as the date, accounts, and amounts. Review and save the entry to post it to your account.
Debit bank accountCredit retained earnings
Debit payroll expenseCredit cashcredit federal tax payablecredit state tax payable
Debit accounts payable / expensesCredit bank
Debit cash / bankCredit vehicle account
debit bankcredit accounts receivable