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-   -   How do I record depoists in the journal? (https://www.askmehelpdesk.com/showthread.php?t=161902)

  • Dec 12, 2007, 07:49 AM
    babygirl072701
    How do I record depoists in the journal?
    How do I record Deposits into the Journal? I am doing a project called A-1 photography practice set and I am lost! Please help!


    My project does not give me the options of income and cash on hand. DO I use cash and A/R?
  • Dec 12, 2007, 07:56 AM
    wandamorris
    Quote:

    Originally Posted by babygirl072701
    How do i record Deposits into the Journal? I am doing a project called A-1 photography practice set and i am lost! Please help!

    You should debit the "Cash on hand" or the "Bank Account" and credit the "Income" account.

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