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Which journal would be adjusted for an overcharge a creditor be recorded?

Anonymous

∙ 11y ago

Updated: 4/28/2022

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Anonymous

∙ 5y ago

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What entry is made when a payment is made to a creditor?

When a payment is made to a creditor, the following journal entry is recorded in the books of accounts

Can financial statements be prepared directly from the adjusted trial balance?

Yes, adjusting entries have been recorded in the general journal and posted to the ledger accounts.

When purchasing merchandise for resale what journal is the transaction recorded in?

journal

Transactions recorded in the cash receipts journal?

Transactions recorded in the cash receipts journal are, all receipts of cash.

In which journal is the return of supplies purchased on account recorded?

General Journal

Related Questions

What entry is made when a payment is made to a creditor?

When a payment is made to a creditor, the following journal entry is recorded in the books of accounts

Can financial statements be prepared directly from the adjusted trial balance?

Yes, adjusting entries have been recorded in the general journal and posted to the ledger accounts.

Creditor Allowance Journal's source document?

what is the reason businesses record into creditors allowances journal

How is an accrued expense adjusted using journal entries?

Adjustment of accrued expenses means to adjust the previously recorded accruals like prepaid expenses or outstanding liabilities etc.

What is a scientific journal article?

a scientific journal is a journal of data recorded from scientist

When purchasing merchandise for resale what journal is the transaction recorded in?

journal

Transactions recorded in the cash receipts journal?

Transactions recorded in the cash receipts journal are, all receipts of cash.

In which journal is the return of supplies purchased on account recorded?

General Journal

The journal in which invoices for services provided are recorded is the?

cash receipts journal

What will be the journal entry Paid creditor on account?

Debit accounts payableCredit cash / bank

In which journal is the receipt of a promissory note from a customer on account recorded?

The General Journal.

A record in which transactions are recorded first is what?

Journal

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