Journal Entry for Removing Fixed Assets
Journal Entry for Removing Fixed Assets Removing fixed assets is the transaction that a company uses to write off the fixed assets … Read more
Journal Entry for Prepaid Wages
Journal Entry for Prepaid Wages Prepaid wage is the amount of wage that company paid to workers in advance before they complete … Read more
Journal Entry for Inventory Return
Journal Entry for Inventory Return Inventory return is the items that company needs to return back to the supplier due to various … Read more
Cash Withdrawal from Bank Journal Entry
Cash Withdrawal from Bank Journal Entry Cash withdrawal from the bank is the transaction that company takes money from its bank account. … Read more
Journal Entry for Income Tax Paid
Journal Entry for Income Tax Paid The income tax is paid after the year-end closing which depends on the tax law in … Read more
Journal Entry for Loan taken from a Person
Journal Entry for Loan taken from a Person Loan from a person is the loan that company receives from individual person besides … Read more
Share Purchase Journal Entry
Share Purchase Journal Entry Share Purchase is the process that a company invests in the share capital of other entities. The company … Read more
Purchase of Motor Vehicle Journal Entry
Purchase of Motor Vehicle Journal Entry The purchase of a motor vehicle is the process the company acquires the vehicle from the … Read more
Journal entry for trade receivable
Journal entry for trade receivable Introduction Trade receivable is a type of the current asset on the balance sheet that represents the … Read more
Outstanding Salary Journal Entry
Outstanding Salary Journal Entry Outstanding salary is the amount of salary expense that company has not yet made payment to the employees. … Read more