0

Subjects>Business>Accounting

What are the accounting journal entries to record non-taxable gifts?

Anonymous

∙ 10y ago

Updated: 9/15/2023

debit gift
credit capital

Wiki User

∙ 10y ago

What else can I help you with?

Continue Learning about Accounting

What are the accounting journal entries to record a prepaid inventory?

Debit prepaid inventoryCredit cash / bank

What are the accounting journal entries to record security deposit?

The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.

What are the accounting journal entries to record payments to employees for salaries?

Debit salaries expenseCredit cash / bank

What are the accounting journal entries to record the purchase of a vehicle with a rebate?

Debit fixed assetCredit cashcredit rebate

What are the accounting journal entries to record income tax payments?

debit income tax paidcredit cash

Related Questions

What the accounting journal entries to record purchase of basketball?

debit basketballcredit cash

What are the accounting journal entries to record donated equipment?

debit assetcredit donations

General journal entries?

Journal Entries are used to record accounting transactions. blady bastered............

What are the accounting journal entries to record installiation of equipment?

debit installation chargescredit cash

What are the accounting journal entries to record a prepaid inventory?

Debit prepaid inventoryCredit cash / bank

What are the accounting journal entries to record paid on account?

Debit accounts payableCredit cash / bank

What are the accounting journal entries to record security deposit?

The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.

What are the accounting journal entries to record payments to employees for salaries?

Debit salaries expenseCredit cash / bank

What are the accounting journal entries to record a sale of inventory with discount?

debit accounts receivablecredit sales revenue

What are the accounting journal entries to record the purchase of a vehicle with a rebate?

Debit fixed assetCredit cashcredit rebate

What are accounting journal entries to record a purchase of stump age?

debit stamp age purchasecredit cash

What are the accounting journal entries to record income tax payments?

debit income tax paidcredit cash

Trending Questions

Since the depreciation is based on estimates not facts why bother to make calculation? How many important components of successful budget are there? Who collects money? How do you become a good cashier? Do you debit or credit a drawing account? What is the difference between payee and beneficiary in banking transactions? What the sum of conversion costs? Circumstances where abc is the most appropriate approach to product costing? Freight costs incurred by a seller on merchandise sold to customers will cause an increase in what? What is accounting for stock investment? Is payment made before proforma invoice is issued? How much did the united center cost to be built? What is a accurate statement? Difference between operational audits and compliance audits? What is the average length of time for tax returns from electronic filing? Is direct costing the same as variable costing? Which factors would explain an increase in retained earnings? Income tax withheld from each paycheck and sent to the state? How do you match a transaction to an order in transaction management? What items do you need to add and what items do you need to subtract when reconciling a checking account bank statement?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.