Invoice Accounting Entry
When dealing with invoice accounting entries, the focus is on recording the sale (if you’re the seller) or the purchase […]
Accounting
Depreciation Entries
Depreciation Expense Journal Entry
Depreciation expense journal entry is Depreciation Account Debit and Fixed Asset Account Credit. Depreciation is the process of allocating the
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
Accounting
Fixed Assets Accounting Entries
Fixed assets are long-term tangible assets that a business uses in its operations to generate income. Examples include machinery, buildings,
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
Accounting
Allowance for Uncollectible Accounts Journal Entry
The Allowance for Uncollectible Accounts (also known as the Allowance for Doubtful Accounts or Bad Debt Allowance) is an account
Inventory Entries
WIP Journal Entry
Work in Progress (WIP) refers to goods that are partially completed during the manufacturing process. The accounting for WIP involves
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
Accounting
Bad Debt Expense Journal Entry
Bad Debt Expense Journal Entry is Debit the Bad Debt Expense Account and Credit the Accounts Receivable. Bad Debt Expense
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
Financial Journal Entries
Investment Accounting Journal Entries
Investment accounting journal entries involves recording transactions related to the purchase, sale, and income from investments. Below are various examples