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-   -   When paying an electric bill which ledger will I use to post the payment? (https://www.askmehelpdesk.com/showthread.php?t=453073)

  • Mar 1, 2010, 12:27 PM
    maddie0325
    When paying an electric bill which ledger will I use to post the payment?
    When paying an electric bill which ledger will I post the payment to?
  • Mar 1, 2010, 12:47 PM
    Corrine1507

    It depends, if you have not posted it yet if not, debit the utilities Expense and credit the bank if you have posted it it will be a debt to accounts payable and credit to the bank.
  • May 31, 2012, 08:12 AM
    amankaur
    It will be debit or credit in ledger which the payment is already made.
  • Jun 1, 2012, 06:31 AM
    pready
    Debit Utilities Expense for the amount paid
    Credit Cash for the amount paid

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