Trending Journal Entries Discussions

How to record money withdrawn by the owner to invest in a new branch as capital ?‎

our company is planning to open the2nd branch Both have separate Bank account should the Amount Taking by the owner recorded as Drawing Account in the first branch book‎ ... See More

Answers:

8

Followers:

11

Views:

32

Vote Count:

0

Journal entry for received from C&co as cheque as full and final settlement?‎

journal entry for received from C&co as cheque as full and final settlement‎

Answers:

2

Followers:

2

Views:

113

Vote Count:

0

Please Explain the impact of the missing journal entry on the financial statements of the company?‎

Answers:

5

Followers:

9

Views:

2444

Vote Count:

15

Advance rent paid for building?‎

Answers:

10

Followers:

11

Views:

15

Vote Count:

1

Taken loan from manoj by cheque?‎

Answers:

2

Followers:

2

Views:

442

Vote Count:

0

Patent right account is in the nature of _ ?‎

a. Personal account  b. Real account  c. Nominal account  d. Suspense account ‎

Answers:

29

Followers:

32

Views:

2436

Vote Count:

9

What is the difference between a journal and a ledger?‎

Answers:

30

Followers:

11

Views:

3038

Vote Count:

11

Stock worth 10000 cost price 7500 taken by clerk. Amount to be deducted from his salary subsequent month. journal entry will be...??‎

Answers:

2

Followers:

2

Views:

486

Vote Count:

0

 

Answer added by  Osborn Tyler, Store Manager, Transguard Group
1 month ago

I'm seriously considering a mortgage. But getting a loan is not easy. AmeriSave reviews helped me take out a mortgage loan without any fuss. The professional team pr ... See More

If the journal entry to record an accrued liability were accidentally recorded twice, it would:‎

a. Understate income for the year. b. Overstate income for the year. c. Have no effect on income for the year. d. Understate accrued liabilities at the end of the year‎ ... See More

Answers:

17

Followers:

9

Views:

1060

Vote Count:

9