Add your answer here.
Check out some similar questions!
What kind of journal entry would be used to account for sales that were put into A/R? [ 1 Answers ]
A previous bookkeeper created invoices to account for cash sales. Then when the deposits were made they were not properly applied to the invoices but were created new. Therefore there is a balance in the A/R that should not be there.
Do I use all the account types from my journal entry to create my trial balance? [ 5 Answers ]
Hello, this is my journal entry but I am confused as what to use from this to create my trial balance. Can someone help me clarify this? General Journal Date Description(Account Name) Debit Credit Oct. 1 Cash 12,000 Oct. 1 Common Stock 12,000 Oct. 1 Cash 1,200 Oct....
Which ledger account does this journal entry go in? [ 3 Answers ]
"The owner paid $40 each for one-year subscriptions to Fishing Illustrated, Fishing Unlimited,andFish Master. The magazines are published monthly." There are 2 accounts on the ledger. One is; "Prepaid subscriptions," the other is "Subscriptions Expense." I don't know how to record this into...
Journal Entry/expenses/cash account [ 7 Answers ]
July 1 Bills are sent to clients for services provided in June in the amount of $800. July 8 First Bank loans the company $2,500. The company will pay back the loan in Aug. July 9 Office Supply Corp. delivers furniture ($1,060) and expendable office supplies ($160), leaving an...
View more Accounting questions Search