Patent Write Off Journal Entry
Patent Write Off Journal Entry A patent is a grant of right from the government to inventors for an invention or design … Read more
Perpetual Inventory Journal Entry
Perpetual Inventory Journal Entry Perpetual inventory is the system that records the movement of inventory account the time the company purchase or … Read more
Journal entry for discount given to customer
Journal entry for discount given to customer Introduction In business, we may give a cash discount to customers in order to encourage … Read more
Journal entry for goods lost by fire
Journal entry for goods lost by fire Introduction When there is a fire incident resulting in the loss of our inventory goods, … Read more
Journal entry for bad debt written off
Journal entry for bad debt written off Introduction In business, we may need to write off the bad debt accounts that have … Read more
Journal entry for issuance of preferred stock
Journal entry for issuance of preferred stock Introduction Sometimes, we may need to issue the preferred stock in addition to the common … Read more
Journal entry for withdrawal of goods for personal use
Journal entry for withdrawal of goods for personal use Introduction Sometimes, we may come across a situation where the business’s owner withdraws … Read more
Journal entry for supplies consumed
Journal entry for supplies consumed Introduction In business, when we have a significant amount of supplies, we usually record the supplies that … Read more
Journal entry for accrued rent income
Journal entry for accrued rent income Introduction In business, when we rent our available property or equipment, we may come across a … Read more
Journal entry for depreciation charged on building
Journal entry for depreciation charged on building Introduction In business, if we have a building of our own for our company, we … Read more