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View Full Version : How do I record depoists in the journal?


babygirl072701
Dec 12, 2007, 07:49 AM
How do I record Deposits into the Journal? I am doing a project called A-1 photography practice set and I am lost! Please help!


My project does not give me the options of income and cash on hand. DO I use cash and A/R?

wandamorris
Dec 12, 2007, 07:56 AM
How do i record Deposits into the Journal? I am doing a project called A-1 photography practice set and i am lost! Please help!
You should debit the "Cash on hand" or the "Bank Account" and credit the "Income" account.