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What is the correct journal entry for accrued receivable?

Anonymous

∙ 11y ago

Updated: 9/15/2023

debit accounts receivable
credit sales revenue

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∙ 11y ago

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Journal entry for accrued income?

[Debit] Accrued income receivable [Credit] Accrued income

What is the journal entry accrued income?

[Debit] Accrued income receivable [Credit] Accrued income

What is the journal entry to record accrued interest?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

What is the journal entry to record accrued interest income from bonds?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

What is the journal entry to set up an accrued expense?

Debit accrued expensesCredit expenses payable

Related Questions

Journal entry for accrued income?

[Debit] Accrued income receivable [Credit] Accrued income

What is the journal entry accrued income?

[Debit] Accrued income receivable [Credit] Accrued income

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

[Debit] Revenue receivable [Credit] Accrued revenue

What is the journal entry to record accrued interest income from note receivable?

[Debit] Accrued interest income [Credit] Notes payable

What is the journal entry when customer paid deposit for accrued sales?

debit cash / bankcredit accounts receivable

What is journal entry for Accrued Revenue?

Accrued Revenue is a term that I rarely see, though it is an Asset and should be treated as such. Accrued Revenue would be treated similar to an Account Receivable. The Journal Entry would be a Debit to Accrued Revenue and a Credit to Revenue.

What is the journal entry to record accrued interest?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

What is the journal entry to record accrued interest income from bonds?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

What is the journal entry for accrued interest expense on Notes Payable?

debit interest expense, credit interest payable for the accrued amount

What is the correct journal entry for electronic deposits from sales that are not on the books as accounts receivable?

debit bankcredit sales

What is the journal entry to set up an accrued expense?

Debit accrued expensesCredit expenses payable

What is the journal entry for interest receivable?

[Debit] Interest Receivable [Credit] Interest Income

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