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What is journal entry of electricity charges?

Anonymous

∙ 10y ago

Updated: 9/23/2023

Debit electricity charges
Credit cash /bank / Accounts Payable

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∙ 10y ago

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What is the journal entry of electricity bill?

Debit electricity expensesCredit cash / bank

What is the journal entry for electricity payable?

Debit electricity expensesCredit expenses payable

What is the journal entry payment of electricity bill by cheque?

debit electricity billcredit bank

How do you pass the journal entry for electricity bill?

[Debit] Electricity expenses xxxx [Credit] Cash xxxx

What journal entry is needed to debit for bank service charges?

[Debit] Bank service charges [Credit] Bank account

Related Questions

What is the journal entry of electricity bill?

Debit electricity expensesCredit cash / bank

What is the journal entry for electricity payable?

Debit electricity expensesCredit expenses payable

What is the journal entry payment of electricity bill by cheque?

debit electricity billcredit bank

How do you pass the journal entry for electricity bill?

[Debit] Electricity expenses xxxx [Credit] Cash xxxx

What journal entry is needed to debit for bank service charges?

[Debit] Bank service charges [Credit] Bank account

What is the journal entry for bank services charges?

[Debit] Bank service charges xxxx [Credit] cash / bank xxxx

What is the accounting journal entry to record settlement charges?

Debit settlement chargesCredit cash /bank

What is the journal entry for electricity bill paid in cheque?

debit electricity billcredit bank

What is journal entry for bank charges?

bank charges a/c debit to cash a/c credit

What does a buyer do When goods are shipped FOB destination and the seller pays the transportation charges?

makes no journal entry for the transportation

What is the journal entry for this transaction Added 460 to mendosa customer balance for finance charges on unpaid balances?

debit finance charges 460credit balance payable 460

When goods are shipped FOB destination and the seller pays the transportation charges what journal entry does the buyer make?

Journal entry in the books of the buyer: [Debit] Goods Purchased xxxx [Credit] Cash/bank xxxx As buyer has not paid the freight charges, he will only record the transaction with original goods purchased amount.

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