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View Full Version : Year End Journals for Cash Receipts


michelleharvey
Dec 31, 2008, 07:11 PM
We received cash receipts for December 31, 2008. The deposit will not be made until January 2, 2009. Will I need to do a jounral entry for these receipts to show them on the books for 2008? Of so, what accounts do I use for the journal entry?

pready
Jan 1, 2009, 10:23 AM
The accounts are Sales Revenues and Cash

de_de_gc
Jan 2, 2009, 05:31 PM
Agreed.