To record cash payment bill.
Debited.
Debit electricity expensesCredit cash / bank
When you pay cash for a telephone bill, two accounts are affected: the Cash account and the Telephone Expense account. The Cash account decreases because you are using cash to make the payment, while the Telephone Expense account increases, reflecting the expense incurred for the telephone service. This transaction demonstrates the outflow of cash and the recognition of an expense in the accounting records.
Debit courier billCredit cash /bank
Bill Cash was born on 1940-05-10.
Sure. Go to a bank and cash it there. Banks are some of the only nearby locations that can cash a $1000.00 bill.
To pay a restaurant bill with cash, simply hand the cash amount to your server or cashier. They will provide you with change if needed.
To record cash payment bill.
Dollar, cash, and/or bill.
Yes, you can pay your credit card bill with cash at certain locations such as the bank or the credit card company's branch.
10B+ in Cash.
he wanted quick cash
Debited.
Yes, you can use cash back to pay your credit card bill by depositing the cash into your bank account and then using that money to make a payment on your credit card.
telephone bill acto cashWhen you receive the bill, but have not paid it, which is done in accrual accounting but not cash basis, the entry is:Telephone Expense (debit) $$$Telephone Expense Payable (credit) $$$Once the bill is actually paid, even then it is removed from the payable with the following entryTelephone Expense Payable (debit) $$$Cash (credit) $$$If you are paying the bill as you receive it, the only difference is skipping the payable account and debiting the expense account and crediting the cash in a single entry:Telephone Expense (debit) $$$Cash (credit) $$$
Yes, it is possible to pay your credit card bill in cash at certain locations such as the bank or the credit card company's physical branch.