leonard77 leonard77
  • 23-04-2019
  • Business
contestada

how to do a journal entry in accounting​

Respuesta :

mariannanaychuk mariannanaychuk
  • 02-09-2019

Answer:

You should "Debit" one account in your general ledger and "Credit" another.

Explanation:

Example - you receive an invoice from your vendor for $100,000 (assuming non-VAT transaction). Your journal entry would look the following:

Debit: Expense $100,000  

Credit: Accounts Payable $100,000

Answer Link

Otras preguntas

5 ACCORDER Récrivez les phrases suivantes en conju- guant les verbes au présent de l'indicatif et en les accordant avec leur sujet, que vous soulignerez.* 1. Co
f a parabola does not cross the x-axis, what is true about the number of solutions of the quadratic function? There are two solutions. There are no real number
2x2 =4 1 grade waswaswaswasswaswasw
lesson 5.4 1 .Find the measurement of the angle indicated for each trapezoid. 2.Find the measure. 3.Solve for [x]. Each figure is a trapezoid. 4.Find the measur
is can cut your caffine consumtion a prepositional phrase
Would you classify the number 55 as a perfect​ square, perfect​ cube, both, or​ neither? Explain.
COMPLETE ANSWER THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST YOU NEED TO PROVE YOUR ANSWERDirection: Match the following. Write the letter of the
(-4, 12) and (-7, -3) write an equation of the line in slope intercept form that passes through the points.​
Please Help will give brainiest
Do the Three Laws of Robotics still apply today?