Journal Entry for Payroll Deduction
Journal Entry for Payroll Deduction Payroll deduction is the amount that company deducts from the employee’s payroll before making the payment to … Read more
Partial Payment to Creditor Journal Entry
Partial Payment to Creditor Journal Entry Partial payment is the process which a company makes payment only part of the amount on … Read more
Journal entry for uncollectible accounts
Journal entry for uncollectible accounts Introduction Uncollectible accounts are the receivables that we estimate to be uncollectable, due to the customers being … Read more
How to record accrued rent expense
How to record accrued rent expense Introduction Accrued rent expense is the rent expense that has occurred during the period, but we … Read more
Rent Due Journal Entry
Rent Due Journal Entry Rent due is the amount of rent that company has not yet paid to the landlord after using … Read more
Interest Payable Journal Entry
Interest Payable Journal Entry Interest payable is the amount of interest that company owes to the bank or creditors. When the company … Read more
Journal Entry for Cash Payment
Journal Entry for Cash Payment Cash payment is the process which a company uses cash to settle the payment with suppliers. All … Read more
Journal Entry for Buying an Asset
Journal Entry for Buying an Asset Buying an asset is a simple process that the company spends to acquire the required item … Read more
Cash Deposited in Bank Journal Entry
Cash Deposited in Bank Journal Entry Cash deposit in bank is the process which a company takes the cash on hand and … Read more
Owner Contribution Journal Entry
Owner Contribution Journal Entry Owner contribution is the process by which business owners invest additional capital into the company to support the … Read more