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What else can I help you with?
Is bonds payable debit?
Bonds payable is liability for business which is refundable in future and like all liabilities which have credit balance as default balance bonds payable also has credit balance as default balance.
Is payable debit or credit?
payable is credit
Does interest payable a debit or credit?
Interest payable is debit.
Which normally has a credit balance - accounts receivable or notes payable?
Notes Payable is a liability, so it would normally have a credit balance. Accounts Receivable is an asset which would normally have a debit balance.
Is mortgage payable is credit or debit?
credit
Is bonds payable debit?
Bonds payable is liability for business which is refundable in future and like all liabilities which have credit balance as default balance bonds payable also has credit balance as default balance.
Is payable debit or credit?
payable is credit
Does interest payable a debit or credit?
Interest payable is debit.
Which normally has a credit balance - accounts receivable or notes payable?
Notes Payable is a liability, so it would normally have a credit balance. Accounts Receivable is an asset which would normally have a debit balance.
Is mortgage payable is credit or debit?
credit
A decrease to accounts payable is a debit or credit?
debit
Is a decrease in interest payable a credit or debit?
credit
What is the journl entry for puchasing goods on account?
[Debit] Purchases [Credit] Accounts payable
Is Accounts Payable a debit or credit on the trial balance?
debit
What is the journal entry of credit purchase?
[Debit] Purchases account [Credit] Accounts Payable
What is the debit and credit in made a payment on accounts payable?
account payable account debit to bank account
How do you write off accounts payable?
Debit Accounts Payable and Credit either the account where the original debit was made or Credit Other Income
