C.A debit to Cash account D.A debit to Accounts Receivabl E.答案 查看答案发布时间:2022-11-12 收藏 更多“A journal entry to record revenue could include each of the following, except: ().”相关的问题 第1题 A.The ledger is correct.B.A journal entry is not posted.C.An error or e...
1. Record: Dr: Note receivables Cr: Cash/Revenue/AR 2. Accrue interest at year end Dr: Interest receivables Cr: interest revenue 3. Maturity Dr: Cash Cr: Note receivables Cr: Interest receivable Cr: Interest revenue ➢How to speed up cash flow 1. Credit card sales (允许客户用信用卡付...
百度试题 题目If a bank statement includes an EFT receipt of $200 for interest, the journal entry to record this reconciling item should include a: 相关知识点: 试题来源: 解析 debit Cash and credit Interest Revenue for $200.反馈 收藏
Accountants use special forms calledjournalsto keep track of their business transactions. A journal is the first place information is entered into the accounting system. A journal is often referred to as thebook of original entrybecause it is the place the information originally enters into the sys...
An accrued expense journal entry is a year-end adjustment to record expenses that were incurred in the current year but weren’t actually paid until the next year. The matching principle dictates that all revenue and expenses need to be matched according to the year they were earned and incurr...
Here’s all you need to remember: A credit is always on theright side of a journal entry. It increases the owner's equity, liabilities, and revenue when credited. It decreases them when debited. A debit, on the other hand, is always on theleft side of a journal entry. It increases ...
Record the entry to close the revenue accounts. Note: Enter debits before credits. Journal entry worksheet 2 3 Record the entry to close the expense accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividen...
ZMart entry to record a $75 freight charge from an independent carrier for merchandise purchased FOB shipping point Entry: Merchandise Inv. 75 Cash 75 October 1st: Purchased $1,000 of goods. Terms of the sale are 4/10, n/30 and FOB Shipping Point; the invoice is dated Oct 1. ...
To record transactions, accounting system uses double-entry accounting. Double-entry implies that transactions are always recorded using two sides, debit and credit. Debit refers to the left-hand side and credit refers to the right-hand side of the journal entry or account. ...
ZMart entry to record a $75 freight charge from an independent carrier for merchandise purchased FOB shipping point Entry: Merchandise Inv. 75 Cash 75 October 1st: Purchased $1,000 of goods. Terms of the sale are 4/10, n/30 and FOB Shipping Point; the invoice is dated Oct 1. ...