answersLogoWhite

0

credit

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What is journal entry for allowances to debtors?

[Debit] Allowance for debtors account [Credit] Accounts receivable account


Is interest receivable debit or credit?

debit


What is the journal entry for dividends receivable?

Dividend receivable Debit Cash dividend Credit Cash Debit Dividend receivable Credit


Is commission receivable a credit or debit?

commission receivable is credited


Is a decrease in accounts receivable debit or credit?

A Credit entry reduces Accounts Receivable


Does interest receivable have credit or debit balance?

credit


Is a Decrease in Interest Receivable a credit or debit?

a decrease in a receivable is a decrease in an asset therefore its a credit.


Is it true when using the allowance method of accounting for uncollectible accounts the entry to record the bad debt's expense's is a debit to Bad Debts Expense and a credit to Account's Receivable.?

No while using allowance method, bad debts are charged to allowance for bad debts account rather charging the accounts receivable because accounts receivable was already charged with allowance when it was created.


Are accounts receivable a debit or credit on trial balance sheet?

Debit


What is the double entry for sale?

Cash/Bank/Accounts Receivable [Debit] Sales[Credit]


How do you enter rent received and rent receivable in accounts?

Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable


What would the journal entry be to record an accured revene?

[Debit] Revenue receivable [Credit] Accrued revenue