Journal Entry for Capital Introduced
Journal Entry for Capital Introduced Capital is the amount of assets that owner invests into the company. It represents the amount of … Read more
Journal Entry for Bonds Purchased at Premium
Journal Entry for Bonds Purchased at Premium The company purchase bonds at a premium when the bond’s rate is higher than the … Read more
Journal Entry for General Reserve
Journal Entry for General Reserve General reserve is the amount of profit that the company keeps away without a specific purpose. Profit … Read more
Bills Receivable Dishonoured Journal Entry
Bills Receivable Dishonoured Journal Entry Bills Receivable Dishonored happens when the payee is unable to make payment on the bill’s maturity date. … Read more
Journal Entry for Amortization of Intangible Assets
Journal Entry for Amortization of Intangible Assets Amortization of intangible assets is the accounting process that reduces the value of intangible assets … Read more
Journal Entry for Sale of Investment Property
Journal Entry for Sale of Investment Property Investment property is the real estate that company purchases to rent or resale in the … Read more
Journal Entry for Inventory Shrinkage
Journal Entry for Inventory Shrinkage Inventory shrinkage is the difference between actual inventory and the recorded amount which happens due to inventory … Read more
Journal Entry for Shareholder Loan
Journal Entry for Shareholder Loan Shareholder loan is the amount of money that company borrows from the shareholders. Shareholders are the investors … Read more
Journal Entry for Sale of Used Equipment
Journal Entry for Sale of Used Equipment Sale of used equipment is the process which a company sells its pre-own fixed assets … Read more
Journal entry for accounts receivable with discount
Journal Entry for Accounts Receivable with Discount Accounts receivable is the amount that customers owe to the company regarding credit sales. Sale … Read more