0
This kind of journal entry is called contra entry in which at both sides that is at debit side and credit side cash or bank is used.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What are the general journal entries -pay the payroll?
debit payroll expensescredit cash / bank
What are the accounting journal entries to record a prepaid inventory?
Debit prepaid inventoryCredit cash / bank
What journal entries are required for goodwill in a purchase?
debit goodwill accountcredit cash / bank account
What is the journal entries for deposit paid on a asset?
deposit account (asset) = dr bank =cr
What are the accounting journal entries to record payments to employees for salaries?
Debit salaries expenseCredit cash / bank
General journal entries?
. 1. Based on the bank reconciliation prepare the journal entries.. Alaine Alvarez consulting July 31
What are the general journal entries for donation received to bank account?
Debit bank accountCredit donation
What are the general journal entries -pay the payroll?
debit payroll expensescredit cash / bank
What is the journal entries for real account?
EXAMPLE: Cash A/C DR To Bank A/C
What is a journal voucher?
The entries such as "Rectification Entries", "Adjustment Entries", "Closing or Opening Entries" and Making or Providing for estimates are passed through an internal document called Journal Voucher. Book Entries are classified as: 1) Purchase Order Based Entries - Booking expenses and liability via GRN against a P.O 2) Sales Order Based Entries - Booking Sales & Scrap Sales 3) Treasury Entries - Entries involving Bank or Cash 4) Debit Notes 5) Credit Notes 6) Journal Entries Journal Voucher is the document through which the Journal Entries are made into the books.
How do you pass the journal entry of withdraw from the bank for office expenses?
[Debit] Cash xxxx [Credit] Bank xxxx
What are the accounting journal entries to record a prepaid inventory?
Debit prepaid inventoryCredit cash / bank
What journal entries are required for goodwill in a purchase?
debit goodwill accountcredit cash / bank account
What is the journal entries for deposit paid on a asset?
deposit account (asset) = dr bank =cr
What are the accounting journal entries to record paid on account?
Debit accounts payableCredit cash / bank
Accounting journal entries for payment of FICA?
Debit FICA Tax payable Credit Cash / bank
What are the accounting journal entries to record payments to employees for salaries?
Debit salaries expenseCredit cash / bank
