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dixiepeachy
Sep 15, 2010, 12:07 AM
Journal entry for - Sent a bill to Mr. Hilario in the amount of 2000 for services rendered

pready
Sep 15, 2010, 12:45 PM
Debit Accounts Receivable for the amount
Credit Service Renue for the amount

caalam
Aug 8, 2011, 09:48 PM
How to write in journal entry of revenue from medical services on cash basis 89600?

damar209
Aug 9, 2011, 05:50 AM
I found this old 50 dollar bill from 1864. Does anyone know how much it is worth, or even if it is worthless?

pready
Aug 9, 2011, 06:57 AM
On cash basis accounting there will not be a journal entry until cash is received.

The journal entry will be:
Debit Cash for the amount of cash received
Credit a Revenue account for the amount received

pready
Aug 9, 2011, 08:13 AM
I found this old 50 dollar bill from 1864. Does anyone know how much it is worth, or even if it is worthless?

This post should have been posted as a new thread in Arts & Leisure, Collectibles, Coins & Paper Money.