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YovYov
Jul 4, 2011, 11:38 PM
How would you make an entry showing that u have received fees for $2500

dom.b.fortin
Jul 7, 2011, 01:44 AM
What kind of Fees?
Simple entries would suggest the following:
Dr. Cash $2,500 - asset account
Cr. Service Fees/Revenue $2,500 - income statement account

kuntakiss
Jul 27, 2011, 08:09 AM
DEBIT CASH AND CREDIT FEES ACCOUNT.

CASH 2,500
FEES 2,500