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A journal debit is an accounting entry that increases an asset or expense account, or decreases a liability or equity account. It is recorded on the left side of a journal entry and reflects the outflow of resources or the recognition of costs. In double-entry accounting, every debit must have a corresponding credit entry to maintain the accounting equation.
What else can I help you with?
How do you undo journal entry?
journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.
You record the debit entry for transaction A 51 in the journal as?
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
What is the journal entry for depreciation?
debit depreciationcredit cash
What is the journal entry for a cash sell?
Debit Cash Credit Sales
What is the journal entry for asset received as gift?
debit asset credit bank
How do you undo journal entry?
journal entries can be undone by reversing the original entries by credit the debit account and debit the credit account.
You record the debit entry for transaction A 51 in the journal as?
When recording a debit entry into a journal you must always list the debit first. The credit needs to be second and should always be indented.
What is the journal entry of purchase a dog?
Debit Expense Credit Bank
What is the journal entry for depreciation?
debit depreciationcredit cash
What is the journal entry for a cash sell?
Debit Cash Credit Sales
What is the journal entry for asset received as gift?
debit asset credit bank
How would you make a journal entry for a repurchased shares in a journal?
Debit treasury stockCredit cash / bank
What is journal entries when owner withdraw asset on sales price?
general journal
What is the journal entry?
Debit accounts receivableCredit sales revenue
What is a journal entry of salary?
debit salary expensecredit cash
What is journal entry for bonus?
Debit bonusCredit cash / bank
How do you journal entry of payroll?
Debit payrollCredit cash / bank
