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    jiny03's Avatar
    jiny03 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 10, 2011, 03:19 PM
    I need this adjustments please, I don't know how to record them in the worksheet! :S
    * 55 was paid for a bancard fee expense and was not recorded

    * electricity build for the month was received and not yet paid $99
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Mar 10, 2011, 03:26 PM

    1. Debit Misc Expense, Service Fee Expense or other appropriate expense account for the amount
    Credit Cash for the amount

    2. Debit Electricity Expense or Utilities Expense for the amount
    Credit Accounts Payable for the amount
    jiny03's Avatar
    jiny03 Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Mar 10, 2011, 05:40 PM
    Thanks :D
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