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What else can I help you with?
What is difference between a cash payment journal and a purchases journal?
a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions
In which journal would the payment of salaries be posted?
cial journal
Drawings can be posted in cash payment journal?
no
How much is a motorcycle payment monthly?
There is no set motorcycle payment. It can vary greatly depending on amount you have to borrow and length of time you are going to take to pay it off.
What are five special journals?
1 - Sales Journal 2 - Purchase Journal 3 - Cash Receipt Journal 4 - Cash Payment Journal 5 - General Journal
Whats the definition of a business asset?
Business asset is a piece of property or equipment purchased for business use. It is also a personal property that has value which can be used for the payment of its owner's debt.
What is journal entry for expense payment?
what is the entry for an excess payment from customer
How can you use a payment gateway for your business?
You can use a payment gateway to protect the personal information of your customers. Many businesses use payment gateways as a security measure. This is just one way used to prevent fraud.
Which Vendors offer business credit to LLC's without personal guarantee?
One of the best ways to be granted business credit by any vendor without a personal guarantee is by establishing your business credit report. By demonstrating a positive business payment history and steady cash flow, you can increase the likelihood of being granted business credit without a personal guarantee.
What is the Journal entry for purchase of asset by advance payment?
Debit advance payment for assetCredit cash / bank
What is the journal entry for down payment of cash?
[Debit] Down payment xxxx [Credit] cash xxxx
A purchase of supplies for cash is recorded in the?
cash payment journal
