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What is the journal entry for bank services charges?
[Debit] Bank service charges xxxx [Credit] cash / bank xxxx
What is journal entry for accrued service revenue?
debit accounts receivableCredit services revenue
What is journal entry of electricity charges?
Debit electricity chargesCredit cash /bank / accounts payable
What is the accounting journal entry to record settlement charges?
Debit settlement chargesCredit cash /bank
What is the journal entry for providing service on account?
debit accounts receivablecredit services revenue
What is the journal entry for bank services charges?
[Debit] Bank service charges xxxx [Credit] cash / bank xxxx
What is journal entry for bank charges?
bank charges a/c debit to cash a/c credit
What is journal entry for accrued service revenue?
debit accounts receivableCredit services revenue
How do you record a journal entry for a completed service that has not yet been billed?
debit accounts receivable and debit service revenue
What is the accounting journal entry to record settlement charges?
Debit settlement chargesCredit cash /bank
What is journal entry of electricity charges?
Debit electricity chargesCredit cash /bank / accounts payable
What journal entry is needed to debit for food sales?
Debit accounts receivable / cashCredit food sales revenue
How do you record a journal entry for a service cost?
debit services costcredit cash
What is the journal entry for providing service on account?
debit accounts receivablecredit services revenue
What is the journal entry for performing service on account?
debit accounts receivablecredit services revenue
What is the journal entry for the sale of any service?
debit accounts receivable / cashcredit services revenue
A service fee is only shown on the bank statement which journa do i use?
To record a service fee that only appears on the bank statement, you would typically use the "Bank Charges" journal or "Miscellaneous Expenses" journal, depending on your accounting system. This reflects the expense incurred due to the bank's service fee. You would debit the relevant expense account (like Bank Charges) and credit your bank account to accurately reflect the deduction.
