0
What else can I help you with?
What should be the journal entry for purchase of building from building fund account?
1. [Debit] Building account xxxx [Credit] building fund account xxxx
What is the journal entry for fund transferring from one bank to another bank?
Debit transfer bankCredit transferee bank
What is the Journal entry to replenish a petty cash fund?
DR all expenses (Postage expense,Misc. expense,John Smith, drawing,Telephone expense. CR Cash
A 100 petty cash fund has cash of 18 and receipts of 80 The journal entry to replenish the account would include what?
receipts 80 Cash Short(Over) 2 Cash 82
What is an example to correct entry to replenish a petty cash fund?
To replenish a petty cash fund, you would typically make an entry that debits various expense accounts and credits the cash account. For example, if you are replenishing $100 spent on office supplies and $50 on travel expenses, the journal entry would be: Debit Office Supplies Expense $100 Debit Travel Expense $50 Credit Petty Cash $150. This entry reflects the expenses incurred and reduces the petty cash balance accordingly.
What is Fluctuating fund system?
Fluctuating fund system is handling petty cash fund wherein every expenses/voucher is debited directly with petty cash fund as a credit. The petty cash fund is debited only whenever there is a replenishment wherein the proforma entry is:
What is the entry in the replenishment of fluctuating fund?
The entry in the replenishment of a fluctuating fund typically involves debiting the fluctuating fund account and crediting the cash or bank account. This reflects the transfer of cash to restore the fluctuating fund to its predetermined balance after expenditures have been made. The process ensures that the fund remains adequately financed for ongoing operational expenses or other designated purposes.
What entries are posted on a capital project Fund?
premium remained in capital projects fund, is there an journal entry for this
What should be the journal entry for purchase of building from building fund account?
1. [Debit] Building account xxxx [Credit] building fund account xxxx
When was The Hedge Fund Journal created?
The Hedge Fund Journal was created in 2004.
What is the journal entry for fund transferring from one bank to another bank?
Debit transfer bankCredit transferee bank
Journal entry for investment?
Today, I made a new investment in a diversified mutual fund to further enhance my investment portfolio. This decision aligns with my long-term financial goals and risk tolerance. I will continue to monitor the performance of this investment regularly to ensure it remains in line with my objectives.
What is the Journal entry to replenish a petty cash fund?
DR all expenses (Postage expense,Misc. expense,John Smith, drawing,Telephone expense. CR Cash
What journal entry for provident fund?
To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.
A 100 petty cash fund has cash of 18 and receipts of 80 The journal entry to replenish the account would include what?
receipts 80 Cash Short(Over) 2 Cash 82
What is the journal entry for Provident fund in accounts?
Salary a/c Dr. To employee a/c To ppf a/c ppf a/c (employer)Dr ppf a/c (employee)Dr To bank a/c
How much does an entry level Mutual-Fund Manager earn in a year?
no such thing as an entry level mutual fund manager, has to have some solid experience to be a supervisor in a fund team, but you can be an entry level fund accountant that tracks the NAV calculations and does other tasks, and can make about 35K, and move to manager position depending on the company.
