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Prepaid Rent is debited.
What else can I help you with?
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When December rent is paid in November which account is debited?
Prepaid Rent is debited.
When the seller is paid the customer's account is.credited or debited?
debited
Journal entry for salary advance paid?
When an employee receives an advance on pay an asset account called employee advances is debited and the cash paid out is credited. When the advance is repaid then the applicable expense accounts are debited and the advance account is credited.
What accounts do you adjust in a T account when dividend is paid?
When a dividend is paid, the T-accounts that are adjusted are the Dividends Payable account and the Cash account. Dividends Payable, a liability account, is debited to decrease it, reflecting the payment of the dividend. At the same time, the Cash account, an asset account, is credited to reduce the cash balance, as cash is being paid out to shareholders.
When December rent is paid in November which accounts is it debited?
Prepaid Rent is debited.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When December rent is paid in November which account is debited?
Prepaid Rent is debited.
When the seller is paid the customer's account is.credited or debited?
debited
Journal entry for salary advance paid?
When an employee receives an advance on pay an asset account called employee advances is debited and the cash paid out is credited. When the advance is repaid then the applicable expense accounts are debited and the advance account is credited.
What accounts do you adjust in a T account when dividend is paid?
When a dividend is paid, the T-accounts that are adjusted are the Dividends Payable account and the Cash account. Dividends Payable, a liability account, is debited to decrease it, reflecting the payment of the dividend. At the same time, the Cash account, an asset account, is credited to reduce the cash balance, as cash is being paid out to shareholders.
When the seller is paid the customer's account is credited or debited?
credited
When the seller is paid the customer account is debited or credited?
credited
Are accounts payable accounts that you expect will be paid to you?
are accounts payable accounts that expect will be paid to u
Rs 1000 paid as rent to landlord should be debited to which A C?
Rent account or landlords account
Why a receipt of 300 cash on account was recorded as a 500 debit to accounts payable and a 500 credit to cash?
Do you mean that you paid $300 toward a bill you owed? If so, then Cash should have been credited the $300 and Accounts Payable debited by $300. If $500 was entered, then it looks like someone just made a clerical error and the transaction should be fixed.
What is bills accounts receivable?
Accounts receivable is money that was owed to you being paid/
