Intercompany Cash Transfer Journal Entry.
Intercompany cash transfers occur when funds are transferred between different entities within the same corporate group. These transfers are common […]
Cash Entries
Journal Entries
Payment Entries
Lease Payment Journal Entry
Credit card transactions in accounting involve recognizing both the revenue or expense and the corresponding receivable or payable related to
Reconciliation Entries
Bank Reconciliation Journal Entries
Bank reconciliation journal entries is the process of comparing the balances in an entity’s accounting records for a cash account
Accrued Entries
Accrued Payroll Journal Entry
Accrued payroll journal entry refers to the wages and salaries that employees have earned but have not yet been paid
Payable Entries
Bill Payable Journal Entry
Bill Payable Journal Entry is Debit the Purchase/Asset Account and Credit the Bills Payable Account. Bills Payable refers to a
Receivable Entries
Bill Receivable Journal Entry
Bill Receivable Journal Entry is Debit the Bills Receivable Account and Credit the Sales. Bills Receivable refers to a bill
Receivable Entries
Cash Receivable Journal Entry
Cash Receivable Journal Entry is Debit the Accounts Receivable and Credit the Sales Account. Cash Receivable typically refers to the
Revenue Entries
Revenue Recognition Journal Entry
Revenue Recognition Journal Entry is Debit the Cash/Bank Account and Credit the Sales Revenue Account. Revenue recognition refers to the
Receivable Entries
Accounts Receivable Journal Entry
Accounts Receivable Journal Entry is Debit the Accounts Receivable/Debtors/Party Account and Credit the Sales Account. Accounts Receivable (AR) represents money
Accrued Entries
Accrued Expenses Journal Entry
Accrued Expenses Journal Entry is Debit the Expense Account and Credit the Expense Payable or Accrued Expense Account. Accrued expenses
Revenue Entries
Deferred Revenue Journal Entry
Deferred Revenue Journal Entry is Debit the Cash/Bank Account and Credit the Deferred Revenue Account. Deferred revenue, also known as
Prepaid Entries
Prepaid Expenses Journal Entry
Prepaid Expenses Journal Entry is Debit the Prepaid expenses and Credit the Cash/Bank. Prepaid expenses are payments made in advance