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What is the journal entry for revenue received from professional fees?
cash a/c debit fees a/c credit
What is the journal entry for advisory fees?
To record advisory fees, the journal entry typically involves debiting an expense account and crediting a liability or cash account, depending on whether the fees are paid immediately or will be paid later. For example, if the advisory fees are paid in cash, the entry would be: Debit: Advisory Fees Expense Credit: Cash If the fees are to be paid later, the entry would be: Debit: Advisory Fees Expense Credit: Accounts Payable
What is the journal entry of fees received?
Fees A/c Dr. To Cash A/c Cr.
What is the journal entry for payment which is not earned?
debit cash / bankcredit unearned revenue
Journal entry for revenue received from professional fees?
debit cashcredit professional fee revenue
What is the accounting journal entry for directors fees?
DR DIRCTOR FEES CR Bank / ACCRUALS
What is the journal entry for revenue received from professional fees?
cash a/c debit fees a/c credit
What is the journal entry for advisory fees?
To record advisory fees, the journal entry typically involves debiting an expense account and crediting a liability or cash account, depending on whether the fees are paid immediately or will be paid later. For example, if the advisory fees are paid in cash, the entry would be: Debit: Advisory Fees Expense Credit: Cash If the fees are to be paid later, the entry would be: Debit: Advisory Fees Expense Credit: Accounts Payable
What is the journal entry of fees received?
Fees A/c Dr. To Cash A/c Cr.
What is the journal entry to record collected fees?
Debit cash / bankCredit fee income
What is the journal entry for payment which is not earned?
debit cash / bankcredit unearned revenue
What is the journal entry for earned discount?
[Debit] Cash[Credit] Discount earning
Journal entry for revenue received from professional fees?
debit cashcredit professional fee revenue
What is the journal entry for interest earned on a checking account?
Debit cash / bankCredit interest income
What is the journal entry for investment revenue of 6000 was earned and received?
debit cashcredit interest on investment
What is the journal entry to accrue bank fees?
Bank Fees DR. Normal Expesnes Accrual Account Cr.
What is the director fees journal entry?
The journal entry to record director fees typically involves debiting an expense account and crediting a liability account. For example, if a company owes $1,000 in director fees, the entry would be: Debit "Director Fees Expense" for $1,000 and Credit "Accrued Liabilities" (or "Accounts Payable") for $1,000. This reflects the expense incurred and the obligation to pay the director. When the payment is made, the liability account would then be debited, and cash would be credited.
