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

    Jul 4, 2011, 11:38 PM
    Fees received
    How would you make an entry showing that u have received fees for $2500
    dom.b.fortin's Avatar
    dom.b.fortin Posts: 27, Reputation: 1
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    #2

    Jul 7, 2011, 01:44 AM
    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
    kuntakiss's Avatar
    kuntakiss Posts: 2, Reputation: 1
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    #3

    Jul 27, 2011, 08:09 AM
    DEBIT CASH AND CREDIT FEES ACCOUNT.

    CASH 2,500
    FEES 2,500
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