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What is the compound journal entry for rent paid by cash 500 and bank 1000?

Anonymous

∙ 10y ago

Updated: 9/23/2023

debit rent expense 1500
credit cash 500
credit bank 1000

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∙ 10y ago

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What requires a compound journal entry?

More than one debit or credit transaction is required to be recorded as compound journal entry for example:Debit furnituredebit buildingcredit cash / bank

What is the journal entry for deposit to bank account for beginning a business?

Journal entry for opening a bank account

What is the journal entry for withdrawal from bank?

Debit cashCredit bank

What is journal entry of paid into bank?

bank a/c to cash a/c

What is the journal entry for withdrew capital from bank?

Debit owner capitalCredit bank

Related Questions

What requires a compound journal entry?

More than one debit or credit transaction is required to be recorded as compound journal entry for example:Debit furnituredebit buildingcredit cash / bank

What is the journal entry for deposit to bank account for beginning a business?

Journal entry for opening a bank account

What is the journal entry for withdrawal from bank?

Debit cashCredit bank

What will be the journal entry when interest allowed by the bank?

interest allowed by bank

What is journal entry of paid into bank?

bank a/c to cash a/c

What is the journal entry if bank pay the amount to vendor on behalf of the company?

No entry at the time of payment by bank and entry is recorded when bank reconciliation with bank and information arrive from bank.

What is the journal entry for withdrew capital from bank?

Debit owner capitalCredit bank

What will be journal entry if a bank gives loan?

bank a/c dr to bank loan a/c

What is journal entry of bank overdraft?

Debit cash / bankCredit loan from bank / bank overdraft

What is journal entry for bonus?

Debit bonusCredit cash / bank

How do you journal entry of payroll?

Debit payrollCredit cash / bank

What is the journal entry for cash at bank?

debit bankcredit cash

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