Ask Experts Questions for FREE Help !
Ask
    manpreet.kaur's Avatar
    manpreet.kaur Posts: 3, Reputation: 1
    New Member
     
    #1

    Nov 20, 2011, 05:38 PM
    How to check journal entry?
    1. A receipt for a $45 calculator purchased for the general office was found at the end of the year. This acquisition was for cash.
    Office expense………….. $45
    Cash………………………………………⠀¦â€¦â€¦â€¦$45
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Nov 20, 2011, 06:50 PM
    Debit Office Expense or other appropriate Expense account for 45
    Credit Cash for 45

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Journal entry and adjusting entry [ 3 Answers ]

Hello: I am new to this site. I am coming across some difficulty with my assignment. If someone can please help me:confused: 1. On may 1st, there was a rent payment for may and June for 4500. THEN 2. I have an adjusting entry for a $1000 of unearned rent. Here is the confusing part to...

Issuing a check journal entry [ 2 Answers ]

If a check was issued for a business expense, what is my journal entry?

Journal Entry / Double-entry software needed [ 5 Answers ]

Hi, I am looking for a good software to use for daily journal entries and adjustments, that will allow me to create at least a balance sheet & income statement and perhaps a few reports (like inventory, accounts receivables). I need a real double-entry & simple reliable software. Peachtree &...

What would the general journal entry be for an adjusting entry? [ 1 Answers ]

Depreciation for the month: Factory equipment... $642.00 Office equipment... $369.70 What accounts are debited and credited?

What do I debit/credit in journal entry/adjusting entry? [ 1 Answers ]

Hi. I am unsure about the correct way to debit/credit these entries. Can someone help me? Window Washing Company opened on July 1, 2010. During July the following transactions were completed: July 1 Issued 14,456 shares of common stock for $14,456 cash. July 1 Purchased used truck for...


View more questions Search