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    shivaram's Avatar
    shivaram Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 4, 2008, 05:36 AM
    Accounts Payable- Journal Entries
    1.When the supplier sends the goods.
    2.When the supplier details are keyed into the system
    3.When the supplier is been finally paid.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Oct 18, 2008, 06:19 PM

    1. Debit the Asset Account, Credit the Accounts Payable

    2. None

    3. Debit Accounts Payable, Credit Cash
    ryan2440's Avatar
    ryan2440 Posts: 13, Reputation: 1
    New Member
    		  
    #3

    Oct 20, 2008, 09:14 PM

    1. Dr. Supplies
    Cr. A/P

    2. Don't do anything.

    3. Dr. A/P
    Cr. Cash
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