0

Subjects>Business>Accounting

What is the journal entry for payment which is not earned?

Anonymous

∙ 10y ago

Updated: 9/24/2023

debit cash / bank
credit unearned revenue

Wiki User

∙ 10y ago

What else can I help you with?

Continue Learning about Accounting

How do you made a journal entry for loan repayment schedule?

There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.

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 journal entry is a down payment?

Debit down paymentCredit Cash

What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx

What is the Journal entry for purchase of asset by advance payment?

Debit advance payment for assetCredit cash / bank

Related Questions

What is journal entry for expense payment?

what is the entry for an excess payment from customer

How do you made a journal entry for loan repayment schedule?

There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.

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 journal entry is a down payment?

Debit down paymentCredit Cash

What is the Journal entry for purchase of asset by advance payment?

Debit advance payment for assetCredit cash / bank

What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx

Which journal entry records payment for supplies?

Debit supplies inventoryCredit cash / bank

What is the journal entry for a payment on an account?

Debit cash / bankCredit accounts receivable

What is the journal entry payment to the vendor?

Debit accounts payableCredit cash /bank

What is journal entry for gratuity payment?

[Debit] Gratuity [Credit] Cash / bank

What entry is made when a payment is made to a creditor?

When a payment is made to a creditor, the following journal entry is recorded in the books of accounts

How do you pass entry for payment received from debtors in journal as well as in payment?

debit cash / bankcredit accounts receivable

Trending Questions

How do you close your account at the bank? Choose the term that fix this definition taxes imposed on the total assessed value of the shares of stock in a business? What types of taxes are included in the Payroll Taxes Expense account of an employer? What is the most expensive gift received? How much income tax would you pay if you earned 5000 a year? What companies offer the check my credit report for free feature? What is an increase in Accounts Payable? How do you calculate tax percent? What steps would you take before approving an invoice for payment? In career essentials what is the best definition of a progressive tax system? What is hard to balance on your head? What are the uses of a digital asset manager? Why are partners salaries charged in the appropriation account? How many dependents do i claim on my w2 to get the least amount of money held out of my check? How can you check the payment status of my iqama? What are schedule banks? What is Non-renounceable rights issue of shares? North America's lagrest stock exchange is in which city? What is an ascertainment? How are social and environmental costs different from financial costs?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.