Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Journal entry (https://www.askmehelpdesk.com/showthread.php?t=322200)

  • Feb 25, 2009, 11:44 PM
    ronaldhyd
    Journal entry
    What is the credit account for the beginning balance of Bank account while doing the personal account.
  • Feb 26, 2009, 01:55 AM
    ROLCAM

    CAPITAL - OWNER Account.

    DEBIT Bank Account XXXX
    CREDIT Capital - Owner Account XXXX
  • Feb 26, 2009, 10:09 AM
    pready

    A personal account should be separate from a business account.

    • All times are GMT -7. The time now is 09:28 AM.