Rent Paid in Advance Journal Entry
Rent paid in advance journal entry is Debit the Prepaid Rent, Because increases the prepaid rent asset account, reflecting the […]
BasicAccounting
Accounting
Sales
Sales Return Journal Entry
Sales return journal entry is a Sales Returns Account Debit and Receivable/Party(Debtor) Account Credit. Sales returns occur when customers return
Purchase
Purchase Return Journal Entry
Purchase return journal entry is a Accounts Payable(Creditor) A/c Debit because This decreases the amount owed to the supplier and
Depreciation
Depreciation Journal Entry
Depreciation journal entry is Debit to Depreciation Expense, This records the expense for the current accounting period, reducing the profit
Bookkeeping
Branch Accounts Journal Entries
Here is brief explain with example of branch accounts journal entries. When a company has multiple branches, it needs to
Purchase
Bought office Furniture Journal Entry
Bought office furniture journal entry is Debit the Office Furniture because the increases the fixed asset account, reflecting the addition
BasicAccounting
Bank Loan Accounting Entries
Here is a described everything about bank loan accounting entries. When a business takes out a loan from a bank,
BasicAccounting
Simple Journal Entries
Understanding Simple Journal Entries Simple journal entries involve recording financial transactions in the accounting records by debiting and crediting only
Bookkeeping
Beginning Balance Journal Entry
Beginning Balance Journal Entry are used to record the opening balances of accounts when setting up accounting records for the