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What else can I help you with?
Is tax a asset or expense and how do I record it in the General journal or balance sheet?
Tax should be recorded in the general journal because it is an expense.
What are the accounting journal entries to record an overcharged cost that was posted to an expense purchase to Accounts Payable and was paid at a later date?
general journal
What record that contains all accounts of company?
general ledger, general journal, special ledger, special journal, column balance ledger.
Where would you record acceptances in balance sheet?
Record it as an expense.
How do you record a journal entry to reverse the expense booked?
debit cash / bank / accounts payablecredit expense account
What is the journal entry to record accrued interest expense?
Debit Accrued Interest Expense Credit Accrued Interest Payable
What is general journal entry of utilities bills of Rs 3000?
To record the utilities bill of Rs 3000 in the general journal, you would make the following entry: Debit Utilities Expense Rs 3000 Credit Accounts Payable Rs 3000 This entry reflects the expense incurred for utilities and the liability created since the bill has not yet been paid.
The journal entry to record depreciation expense consists of a credit to Accumulated Depreciation and a debit to the asset being depreciated?
Debit is to depreciation expense.
In bookkeeping, what is the record of original entry?
The General Journal
If a company gives a director a loan of 15000 how do I record a general journal entry?
If a company gives a director a loam of 15000 you will record it on the debit section of the general journal entry.
What is the journal entry to record an accrued exp?
debit: expense account credit: account payable (vendor)
What is the journal entry to record interest expense not yet paid?
debit interest expensescredit interest payable
