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-   -   Journal Entries (https://www.askmehelpdesk.com/showthread.php?t=135606)

  • Sep 30, 2007, 04:27 PM
    mwasserburger
    Journal Entries
    I am having a hard time with the Journal Entries I just don't seem to get it. Right now I am in the Job Order Costing part.
    If I have Paid Factory Rent (All of the rent relates to Factory Operations) do I Debit Factory Operations and Credit Cash in the amount
    :eek:
  • Sep 30, 2007, 05:53 PM
    rubygarcia
    Quote:
    Originally Posted by mwasserburger
    I am having a hard time with the Journal Entries I just don't seem to get it. Right now I am in the Job Order Costing part.
    If I have Paid Factory Rent (All of the rent relates to Factory Operations) do I Debit Factory Operations and Credit Cash in the amount
    :eek:
    Debit Factory Rent
    Credit Cash
  • Oct 1, 2007, 11:00 PM
    CaptainForest
    Dr. Factory Rent EXPENSE
    Cr. Cash

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