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There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
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∙ 9y ago
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Is a journal entry made on invoices received?
no entry when invoices received, journal entry made when transaction occured and not when invoices received.
What is the journal entry ana received and paid the utility bill for January 160?
[Debit] Utility bill 160 [Credit] Cash 160
How do you write Journal entry for equipment rent to somebody?
There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.
What is an accrual journal entry?
Accrual journal entry means that entry the transaction of which is occurred already but payment is not yet received or paid to other party.
What is the journal entry of electricity bill?
Debit electricity expensesCredit cash / bank
Is a journal entry made on invoices received?
no entry when invoices received, journal entry made when transaction occured and not when invoices received.
What is the journal entry ana received and paid the utility bill for January 160?
[Debit] Utility bill 160 [Credit] Cash 160
How do you write Journal entry for equipment rent to somebody?
There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.
What is journal voucher entry in tally of electricity bill office costs for Rs.400 received from horizon ent?
W
What wil be the journal entry of dividend received and reinvested?
If dividend received is reinvested then there is no journal entry is required and this information can be mentioned through the use of memo entry.There is no journal entry required for dividend received reinvested as nothing is received by person or company so memo entry is enough for information purpose.
What is an accrual journal entry?
Accrual journal entry means that entry the transaction of which is occurred already but payment is not yet received or paid to other party.
What is the journal entry of electricity bill?
Debit electricity expensesCredit cash / bank
Commission received what is journal entry?
Journal entry:[Dr.]Bank account xxxx[Dr.]Cash account xxxxx[Cr.]Commission Received xxxxCommission received is credited because it is our income and incomes are credited.
What is journal entry for rend received?
[Debit] CashCredit Rent Received / Rent Revenue
What is the journal entry of discount received?
Dr cash/bank Cr discount received
What is the journal entry of an advertising bill received but not paid Then later a partial payment is made?
When bill received:[Debit] Advertisement expense[Credit] Expenses payableWhen partial payment[Debit] Expenses payable[credit] Cash / bank
What is the journal entry if the payment has not yet been received but clients were billed?
debit the client account (debtor account) and credit the income account (bill amount)
