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Debit advance cash received
Credit unearned revenue
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∙ 9y ago
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What is journal entry tp make order?
There is no entry required when order is placed instead of entry is made when goods received or payment made in advance.
What is the Journal entry for purchase of asset by advance payment?
Debit advance payment for assetCredit cash / bank
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.
How do you pass entry for payment received from debtors in journal as well as in payment?
debit cash / bankcredit accounts receivable
What is the journal entry of cheque you received from your cliant as payment?
debit bankcredit accounts receivable
What is journal entry tp make order?
There is no entry required when order is placed instead of entry is made when goods received or payment made in advance.
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 collected 770 in advance from a customer?
A cash advance received from customer journal entry is required when a business receives a cash payment from a customer in advance of delivering goods or services.
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 for advance received from X in the form of cheque?
Bank a/c DrTo Advance from the party A/c
Journal entry for income received in advance?
Debit customer depositsCredit unearned revenue
How do you pass entry for payment received from debtors in journal as well as in payment?
debit cash / bankcredit accounts receivable
What is the journal entry of cheque you received from your cliant as payment?
debit bankcredit accounts receivable
Journal entry for rent received in advance?
Cash A/C Dr To Rent Received in Advance A/C
What is the journal entry for cheque received towards payment from customer?
Debit bankCredit accounts receivable
What is the journal entry for indemnity payment received?
debit cash / bankcredit indemnity income etc
What is the journal entry when payment is received for rent?
Rent Received Account Dr To Cash/ Bank
