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Is Direct Labor credited or debited?
debited
Is commission received debited or credited in the cashbook?
Commission received is credited and cash is debited
What is debited and credited in adjusting entry for prepaid insurance?
[Debit] Prepaid Insurance [Credit] Cash / bank
What is the journal entry for payment of accrued expense?
debit accrued expensescredit cash / bank
What is the journal entry for furniture purchased?
[Debit] Furniture [Credit] Cash / bank
Related Questions
What happens when money is deposited in account is it credited or debited?
deposited money is credited to your concern bank account
Is Direct Labor credited or debited?
debited
Is commission received debited or credited in the cashbook?
Commission received is credited and cash is debited
What is debited and credited in adjusting entry for prepaid insurance?
[Debit] Prepaid Insurance [Credit] Cash / bank
What is the journal entry for payment of accrued expense?
debit accrued expensescredit cash / bank
What does Adjustment reversal from Chase bank mean?
It means that Chase reversed an adjustment that they previous debited or credited to your account.
What is the journal entry for furniture purchased?
[Debit] Furniture [Credit] Cash / bank
When the seller is paid the customer account is debited or credited?
credited
When the seller is paid the customer's account is credited or debited?
credited
Is loan debited or credited?
credit
Whether increase in liability credit or debit?
All liabilities are credited and assets are debited so increase in liability will be credited and not debited.
Is Vat input debited or credited?
Credit
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