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    dixiepeachy's Avatar
    dixiepeachy Posts: 1, Reputation: 1
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    #1

    Sep 15, 2010, 12:07 AM
    Journal entry for Sent a bill to Mr. Hilario in the amount of 2000 for services rende
    Journal entry for - Sent a bill to Mr. Hilario in the amount of 2000 for services rendered
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Sep 15, 2010, 12:45 PM

    Debit Accounts Receivable for the amount
    Credit Service Renue for the amount
    caalam's Avatar
    caalam Posts: 1, Reputation: 1
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    #3

    Aug 8, 2011, 09:48 PM
    How to write in journal entry of revenue from medical services on cash basis 89600?
    damar209's Avatar
    damar209 Posts: 1, Reputation: 1
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    #4

    Aug 9, 2011, 05:50 AM

    I found this old 50 dollar bill from 1864. Does anyone know how much it is worth, or even if it is worthless?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #5

    Aug 9, 2011, 06:57 AM

    On cash basis accounting there will not be a journal entry until cash is received.

    The journal entry will be:
    Debit Cash for the amount of cash received
    Credit a Revenue account for the amount received
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #6

    Aug 9, 2011, 08:13 AM
    Quote Originally Posted by damar209 View Post
    I found this old 50 dollar bill from 1864. Does anyone know how much it is worth, or even if it is worthless?
    This post should have been posted as a new thread in Arts & Leisure, Collectibles, Coins & Paper Money.
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