moemoney9788
Oct 31, 2008, 08:06 PM
How do I go about journalizing an entry that is paid by using a check?
moemoney9788 Oct 31, 2008, 08:06 PM How do I go about journalizing an entry that is paid by using a check? pready Nov 1, 2008, 07:05 AM If a Check is received: Debit Cash for the amount Credit Accounts Receivable for the amount. If a Check is sent out from the company: Debit Accounts Payable or the Appropriate Expense Account for the amount. Credit Cash for the amount. Copyright ©2005-, Ask Me Help Desk
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