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 […]
Receivable Entries
Journal Entries
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
Payable Entries
Accounts Payable Journal Entry
Accounts Payable Journal Entry is Debit the Purchase/Expenses Account and Credit the Accounts Payable. Accounts Payable represents the amount your
Prepaid Entries
Prepaid Asset Journal Entry
Prepaid Asset Journal Entry is Debit the Prepaid Asset or Expense Account and Credit the Cash/Bank. A prepaid asset is