Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   General ledger entry (https://www.askmehelpdesk.com/showthread.php?t=33465)

  • Sep 5, 2006, 02:23 PM
    jgap1212
    General ledger entry
    The transaction is: Pays Green Jacket Co. on account. What 2 ledgers would I use?
  • Sep 5, 2006, 04:53 PM
    RickJ
    This is the basics: Expense and Cash.

    You debit the expense category for the type of expense and Credit (decrease) cash.

    Is that what you're asking?
  • Sep 5, 2006, 05:33 PM
    dxviii
    Cash is Credited and your Accounts Payable is Debited.
  • Sep 5, 2006, 07:56 PM
    CaptainForest
    dxviii is correct.

    Dr. Accounts Payable
    Cr. Cash
  • Sep 7, 2008, 06:21 AM
    shahid ali
    Sir I want to learn how to post voucher in cash book then in j ledger thanks
  • Sep 7, 2008, 08:31 AM
    ladyb3d
    Credit cash and debit accounts payables

  • All times are GMT -7. The time now is 12:11 AM.