svstudent
Oct 16, 2007, 08:40 AM
Received bill for and paid $6500 for a series of radio advertisements
ON THE GENERAL JOURNAL ENTRY DO I
Debit advertisement expense $6500
Credit cash $6500
kimcpasllp
Oct 16, 2007, 02:32 PM
received bill for and paid $6500 for a series of radio advertisments
ON THE GENERAL JOURNAL ENTRY DO I
debit advertisement expense $6500
credit cash $6500
Yes, if you paid cash. If you used a credit card, then credit the credit card acct.
jaimajoanne
Oct 16, 2007, 04:13 PM
received bill for and paid $6500 for a series of radio advertisments
ON THE GENERAL JOURNAL ENTRY DO I
debit advertisement expense $6500
credit cash $6500
YEP