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What journal entry do you use to record the actual conversion cost incurred?
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Journal entry to record the conversion of an 250 accounts payable to a notes payable?
debit accounts payable 250credit notes payable 250
Record expenses that have incurred but not paid for yet?
Accrued Expenses
What is difference between a cash payment journal and a purchases journal?
a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions
How do you record reimbursement in a journal entry?
At the time when i incurred expenses on behalf of company expenses a/c dr. Cash/bank a/c cr. At the time when i got reimbursement for the amount bank/cash a/c dr. Party a/c cr.
List the four parts of a journal entry?
The four parts of a journal entry are debit, credit, date and source document. Date refers to the date the transaction occurred. Debit is a subtraction and credit is an addition. The source document is the actual record of the transaction.
Which subsidiary journal is used to record the inventory at the end of the year?
The subsidiary journal used to record inventory at the end of the year is the Inventory Adjustment journal. This journal is used to update the inventory records to reflect the actual quantity and value of inventory at the year-end.
Can you help me make up some dreams for my dream journal?
The purpose of a dream journal is to record one's actual dreams. Making up false dreams would defeat the purpose of keeping a journal.
When was Record-Journal created?
Record-Journal was created in 1867.
When was The Journal Record created?
The Journal Record was created in 1937.
Journal entry to record the conversion of an 250 accounts payable to a notes payable?
debit accounts payable 250credit notes payable 250
When was Journal Record Building created?
Journal Record Building was created in 1923.
Is the daily record of Congress called The Capital Journal?
The daily record of Congress is called the congressional record. The daily record of Congress is not called the capital journal.
Is a journal fiction or not?
Not. A person writes a journal to record their life.
What is the purpose of journal entry?
A journal records what you're findings are
How do you record transactions in journal?
You record basically how your feelings are.
Why you post journal entry?
Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.
Record expenses that have incurred but not paid for yet?
Accrued Expenses
