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How to pass journal entry for labour bill which is including service tax in tally?
Wiki User
∙ 11y ago
go to tally open vocher
press f7 and make sale and purchase entry
Wiki User
∙ 11y ago
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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 journal entry is needed to debit for bank service charges?
[Debit] Bank service charges [Credit] Bank account
What is a compound journal entry?
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
What is the journal entry for the sale of any service?
debit accounts receivable / cashcredit services revenue
How do you do journal entry for Forecasting Sales?
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
What is the journal entry for receipt from consultation service was rs 8250?
debit cash / bank 8250credit consultation service revenue 8250
What is journal entry for accrued service revenue?
debit accounts receivableCredit services revenue
What is journal entry to record the completion of a service for which payment has not been received?
[Debit] Accounts receivable [Credit] Service sales revenue
What are the accounting journal entries to record income?
If receiving cash from a good or service, the journal entry will be something like the following.Cash (debit)Revenue or Income (credit)If you supply a good or service and the customers is going to pay at a later date, less than a year the journal entry will be similar to the following.Account Receivable (debit)Revenue or Income (credit)
What is the structure of a journal entry?
Recording of a transaction in an accounting journal, such as the General Journal. The journal entry has equal debit and credit amounts, and it usually includes a one-sentence explanation of the purpose of the transaction is called journal entry.
