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-   -   Fees received (https://www.askmehelpdesk.com/showthread.php?t=585644)

  • Jul 4, 2011, 11:38 PM
    YovYov
    Fees received
    How would you make an entry showing that u have received fees for $2500
  • Jul 7, 2011, 01:44 AM
    dom.b.fortin
    What kind of Fees?
    Simple entries would suggest the following:
    Dr. Cash $2,500 - asset account
    Cr. Service Fees/Revenue $2,500 - income statement account
  • Jul 27, 2011, 08:09 AM
    kuntakiss
    DEBIT CASH AND CREDIT FEES ACCOUNT.

    CASH 2,500
    FEES 2,500

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