Journal entry for goods returned by customers
Journal entry for goods returned by customers Introduction Sometimes, the customers may return the goods that we have sold to them for … Read more
Journal entry for reissuing treasury stock
Journal entry for reissuing treasury stock Introduction It is common that we may have the treasury stock and reissue it back to … Read more
Sold inventory on account journal entry
Sold inventory on account journal entry Introduction In business, we may need to sell our inventory on account to some of our … Read more
Journal entry for advance paid to supplier
Journal entry for advance paid to supplier Introduction In business, we may need to make an advance payment to our supplier in … Read more
Journal entry for receiving advance payment
Journal entry for receiving advance payment Introduction In business, we may receive an advance payment from our customers for goods or services … Read more
Journal entry for check returned
Journal entry for check returned Introduction In business, we may come across a circumstance for the check returned from the bank after … Read more
Journal entry for issuing bonds at discount
Journal entry for issuing bonds at discount Introduction In business, we may issue bonds at a discount when the interest rate on … Read more
Journal Entry for Funds Transfer
Journal Entry for Funds Transfer Fund transfer is the movement of funds from one account to another account in the same entity. … Read more
Deferred Tax Asset Journal Entry
Deferred Tax Asset Journal Entry Deferred tax asset is the company asset that will reduce the future income tax expense. It happens … Read more
Journal Entry for Return of Capital
Journal Entry for Return of Capital Return of capital is the return that investor receives from their investment which excludes the profit. … Read more