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    maddie0325's Avatar
    maddie0325 Posts: 2, Reputation: 1
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    #1

    Mar 1, 2010, 12:27 PM
    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?
    Corrine1507's Avatar
    Corrine1507 Posts: 5, Reputation: 1
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    #2

    Mar 1, 2010, 12:47 PM

    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.
    amankaur's Avatar
    amankaur Posts: 1, Reputation: 1
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    #3

    May 31, 2012, 08:12 AM
    It will be debit or credit in ledger which the payment is already made.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #4

    Jun 1, 2012, 06:31 AM
    Debit Utilities Expense for the amount paid
    Credit Cash for the amount paid

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